1、 Price trend

The factory price of octanol in Shandong fell this week. This week, the average factory price of octanol in Shandong fell from 11766.67 yuan / ton at the beginning of the week to 10966.67 yuan / ton at the end of the week, down 6.8%, up 58.94% year on year compared with the same period last year. Overall, octanol market fell this week, with the octanol commodity index at 80.64 on January 8.

2、 Market analysis

From the manufacturers’ quotation, the factory quotation of Shandong octanol mainstream manufacturers fell this week: Jianlan chemical’s quotation for octanol this weekend was 11000 yuan / ton, down 800 yuan / ton compared with the beginning of the week; lihuayi’s quotation for octanol this weekend was 10700 yuan / ton, down 800 yuan / ton compared with the beginning of the week; Hualu Hengsheng’s quotation for octanol this weekend was 11200 yuan / ton, down 800 yuan / ton compared with the beginning of the week Down 800 yuan / ton.

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol fell this week. The quoted price dropped from 7304.55 yuan / ton at the beginning of the week to 7292.73 yuan / ton at the end of the week, with a decrease of 0.16%, and a year-on-year increase of 4.43%. The upstream raw material market prices fell slightly, affected by the supply and demand side, which had a negative impact on the price of octanol.

Octanol downstream market, this week DOP factory prices fell larger. DOP quotation fell from 10250.00 yuan / ton at the beginning of the week to 9825.00 yuan / ton at the end of the week, a decrease of 4.15%, and a year-on-year increase of 35.21%. The price of downstream DOP fell, the enthusiasm of downstream customers to purchase octanol weakened, the demand for octanol was general, and the future market operators mostly watched the trend of DOP.

3、 Future forecast

In the middle of January, the trend of Shandong octanol market may be slightly volatile and fall mainly. Upstream propylene market fell slightly, raw material support was weak, downstream DOP market fell sharply, downstream purchasing enthusiasm weakened, octanol supply was normal. Business community octanol analysts believe that: in mid January, under the influence of supply and demand, raw materials and other aspects of octanol market in Shandong, the octanol market may fall slightly.