1、 Price trend
This week, the factory price of octanol in Shandong Province fell first and then rose. This week, the average price of mainstream factory offer of octanol in Shandong decreased by 0.33% to 9966.67 yuan / ton on December 8 from 10000.00 yuan / ton at the beginning of the week, and then rose to 9983.33 yuan / ton at the end of the week, an increase of 0.17%, and a year-on-year increase of 43.30% over the same period of last year. Overall, octanol market fell this week, with the octanol commodity index of 73.41 on December 11.
2、 Market analysis
From the manufacturer’s quotation, the main octanol manufacturers in Shandong Province have increased their ex factory quotation this week: Jianlan chemical’s offer of octanol is 10000 yuan / ton at the end of this week, which is temporarily stable compared with the beginning of the week; lihuayi’s offer of octanol at the end of this week is 9850 yuan / ton, which is 50 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng’s offer of octanol this weekend is 10100 yuan / ton, which is temporarily stable compared with the beginning of the week.
From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol rose this week, with the quotation rising from 8095.45 yuan / ton at the beginning of the week to 8102.73 yuan / ton at the end of the week, with an increase of 0.09%, 20.25% compared with the same period last year. The high price consolidation of upstream raw material market, affected by supply and demand, has a positive impact on octanol price.
The downstream market of octanol, DOP factory price fell slightly this week. The DOP quotation fell from 9700.00 yuan / ton at the beginning of the week to 9666.67 yuan / ton at the end of the week, a decrease of 0.34%, and a year-on-year increase of 31.22% over the same period last year. Downstream DOP prices fell, downstream customers are generally enthusiastic about octanol procurement, octanol demand is general, and future market operators are more likely to wait for DOP trend.
3、 Future forecast
In the middle of December, the market trend of octanol in Shandong Province fluctuated slightly. Upstream propylene market high consolidation, strong raw material support, although the downstream DOP market in a small decline, but the downstream purchasing enthusiasm is good, octanol supply is normal. Octanol analysts from the business agency believe that: in mid December, under the influence of supply and demand and raw materials, the octanol market in Shandong may fluctuate slightly.
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