The price of octanol in Shandong temporarily stabilized this week (9.21-9.25)

1、 Price trend

 

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This week, the factory price of octanol in Shandong remained stable. This week, the average ex factory price of octanol in Shandong was 7416.67 yuan / ton, down 4.51% from the same period last year. Overall, octanol market remained stable this week, with the octanol commodity index of 54.54 on September 25.

 

2、 Market analysis

 

Judging from the manufacturer’s quotation, the main octanol manufacturers in Shandong Province have offered a stable price this week: Jianlan Chemical Co., Ltd. offered 7300 yuan / ton of octanol at the end of this week, which was temporarily stable compared with the beginning of the week; lihuayi’s offer of octanol at the end of this week was 7350 yuan / ton, which was temporarily stable compared with the beginning of the week; Hualu Hengsheng’s offer of octanol this weekend was 7600 yuan / ton, which was temporarily stable compared with the beginning of the week.

 

Judging from the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol rose slightly this week, with the quotation rising from 7467.27 yuan / ton at the beginning of the week to 7469.09 yuan / ton at the end of the week, an increase of 0.02%, and a decrease of 4.90% compared with the same period last year. The market price of upstream raw materials is basically unchanged, and the impact on octanol price is limited due to the influence of supply and demand.

 

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The downstream market of octanol, DOP factory price temporarily stable this week. DOP quoted 7266.67 yuan / ton, a year-on-year decrease of 8.79%. The downstream DOP price remains unchanged, the downstream customers’ enthusiasm for octanol purchasing is general, the octanol demand is normal, and the DOP price remains unchanged, which has a limited impact on the octanol market. After the market operators more watch the trend of DOP.

 

3、 Future forecast

 

In late September, the market trend of octanol in Shandong was mainly fluctuated. Near the holidays, the upstream propylene market remained unchanged, which gave limited support to octanol, and the downstream DOP market was also stable, the downstream purchasing enthusiasm was general, and the octanol supply was normal. Octanol analysts believe that: in late September, under the influence of supply and demand and raw materials, the octanol market in Shandong may fluctuate slightly.

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