1、 Price trend

This week, the factory price of octanol in Shandong decreased slightly. This week, the average price of octanol mainstream factory quotation in Shandong decreased from 7050.00 yuan / ton at the beginning of the week to 7000.00 yuan / ton at the end of the week, a decrease of 0.71%, and a year-on-year decrease of 4.11%. Overall, octanol market fell slightly this week, with the octanol commodity index of 51.47 on August 21.

2、 Market analysis

From the manufacturer’s quotation, the main octanol manufacturer’s ex factory quotation in Shandong Province fell this week: Jianlan Chemical Co., Ltd. quoted 7000 yuan / ton of octanol at the end of this week, 100 yuan / ton lower than that at the beginning of the week; lihuayi’s offer of octanol was 6950 yuan / ton at the end of this week, which was temporarily stable compared with the beginning of the week; Hualu Hengsheng’s offer of octanol was 7100 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week.

From the upstream material market at the end of last year, the price of propylene increased by RMB 6955.0% to RMB 697.0%. Upstream raw material market prices rose, affected by the supply and demand side, had a positive impact on the price of octanol.

Octanol downstream market, DOP factory price rose slightly this week. DOP price rose from 6966.67 yuan / ton at the beginning of the week to 7000 yuan / ton at the end of the week, with an increase of 0.48% and a decrease of 3.23% compared with the same period last year. Although the downstream DOP price has slightly increased, the downstream customers are generally enthusiastic about octanol purchasing, and the demand for octanol is general. The low price consolidation of DOP has a negative impact on the market of octanol. After the market operators more watch the trend of DOP.

3、 Future forecast

In late August, the market trend of octanol in Shandong Province was mainly fluctuating. The upstream propylene price fell, the cost support was weak, the downstream DOP market was low consolidation, and the downstream purchasing enthusiasm was general. Octanol analysts believe that: in late August, under the influence of supply and demand, raw materials and other aspects, the octanol market in Shandong may fluctuate and fall slightly.