1、 Price trend
This week, the ex factory price of octanol in Shandong was temporarily stable. This week, the average ex factory price of main octanol in Shandong was 6583.33 yuan / ton, down 16.24% year on year. Overall, this week’s octanol market was temporarily stable, with the octanol commodity index at 48.41 on February 28.
2、 Market analysis
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（1） Products:
At present, the operating rate of domestic octanol plant is acceptable; Hualu Hengsheng’s 80000 T / a octanol plant is operating normally, and this week’s offer is firm; the annual capacity of Jiangsu Huachang Chemical octanol plant is 80000 tons, and there is no maintenance plan.
The factory quotation of Shandong main octanol manufacturers this week is temporarily stable: the quotation of Jianlan Chemical Co., Ltd. for octanol this weekend is 6500 yuan / ton, which is temporarily stable compared with that at the beginning of the week; the quotation of lihuayi for octanol this week is 6350 yuan / ton, which is temporarily stable compared with that at the beginning of the week.
（2） Industrial chain:
Upstream raw material Market: propylene market fell this week. The quotation dropped from 6622.73 yuan / ton at the beginning of the week to 6359.09 yuan / ton at the end of the week, down 3.98%, down 12.17% year on year. The price of raw materials in the upstream market fell slightly, which had a negative impact on the price of octanol due to the impact of supply and demand.
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Downstream market situation: this week, the DOP factory price is lower. DOP quoted 7233.33 yuan / ton, down 13.20% year on year. Downstream customers are less active in purchasing octanol, the demand for octanol is general, and the low price consolidation of DOP has a negative impact on octanol market. The aftermarket operators mostly wait and see the trend of DOP.
3、 Future forecast
In the first ten days of March, the trend of Shandong octanol market may fluctuate slightly. After the adjustment in February, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. The upstream propylene price fell, the cost support was weak, the downstream plant started gradually, and the downstream procurement enthusiasm increased. According to the octanol analysts of the business agency, in the early March, under the influence of supply and demand and raw materials, the octanol market in Shandong may fluctuate slightly.
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