Shandong octanol price rose this week (4.6-4.10)

1、 Price trend

 

According to the price monitoring of the business agency, the ex factory price of octanol in Shandong Province rose this week. This week, the average ex factory price of main octanol in Shandong increased from 5066.67 yuan / ton at the beginning of the week to 5283.33 yuan / ton at the end of the week, up 4.28%, down 31.97% year on year compared with the same period last year. Overall, octanol rose this week, with the April 10 octanol commodity index at 38.85.

 

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2、 Market analysis

 

(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.

 

This week, the ex factory quotation of main octanol manufacturers in Shandong Province rose: the quotation of octanol of Jianlan Chemical Co., Ltd. at the end of this week was 5300 yuan / ton, 200 yuan / ton higher than that at the beginning of this week; the quotation of octanol of lihuayi Co., Ltd. at the end of this week was 5250 yuan / ton, 250 yuan / ton higher than that at the beginning of this week; the quotation of octanol of hualuhengsheng Co., Ltd. at the end of this week was 5300 yuan / ton, 200 yuan / ton higher than that at the beginning of this week

 

(2) Industrial chain:

 

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Upstream raw material Market: propylene market rose sharply this week. The quotation increased from 5451.82 yuan / ton at the beginning of the week to 5957.27 yuan / ton at the end of the week, up 9.27%, down 17.70% year on year. The price of raw materials in the upstream market is rising, which has a positive impact on the price of octanol due to the impact of supply and demand.

 

Downstream market: DOP factory price rose this week. The DOP quotation increased from 5700.00 yuan / ton at the beginning of the week to 5800.00 yuan / ton at the end of the week, up 1.75%, down 28.98% year on year. Downstream customers are more active in purchasing octanol, demand for octanol is higher, and DOP price increase has a positive impact on octanol market. The aftermarket operators mostly wait and see the trend of DOP.

 

3、 Future forecast

 

In the middle of April, the trend of Shandong octanol market may fluctuate slightly. The price of propylene in the upper reaches has increased significantly, with strong cost support, and the enthusiasm for procurement in the lower reaches has also improved. According to the octanol analysts of the business agency, the octanol market in Shandong in mid April may be slightly higher under the influence of supply and demand and raw materials.

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