1、 Price trend
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The price of octanol in Shandong increased slightly this week. This week, the average price of mainstream factory price of octanol in Shandong increased from 7433.33 yuan / ton at the beginning of the week to 7533.33 yuan / ton at the end of the week, an increase of 1.35%, 3.67% compared with the same period last year. Overall, octanol market rose this week, Oct. 16 octanol commodity index was 55.35.
2、 Market analysis
From the manufacturer’s quotation, the main octanol manufacturer’s factory quotation in Shandong Province rose slightly this week: Jianlan Chemical Co., Ltd. quoted 7500 yuan / ton of octanol at the end of this week, 100 yuan / ton higher than that at the beginning of the week; lihuayi’s offer of octanol was 7500 yuan / ton at the end of this week, which was 100 yuan / ton higher than that at the beginning of the week; Hualu Hengsheng’s offer of octanol at the end of this week was 7600 yuan / ton, compared with the beginning of the week It increased by 100 yuan / ton.
Judging from the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol dropped slightly this week, with the quotation slightly falling from 7525.45 yuan / ton at the beginning of the week to 7523.64 yuan / ton at the end of the week, with a decrease of 0.02% and a year-on-year decrease of 0.55% 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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Octanol downstream market, this week DOP factory price high consolidation. DOP quoted 7466.67 yuan / ton, a year-on-year decrease of 1.97%. The downstream DOP price is high consolidation, downstream customers’ enthusiasm for octanol purchasing is fair, octanol demand is normal, and future market operators are more likely to wait for DOP trend.
3、 Future forecast
In late October, the market trend of octanol in Shandong was mainly fluctuated. The upstream propylene market remained unchanged, which gave limited support to octanol, but the downstream DOP market was high consolidation, the downstream purchasing enthusiasm was fair, and the octanol supply was normal. Octanol analysts believe that: in the late October of Shandong octanol market in supply and demand and raw materials and other aspects of the impact of octanol market or small fluctuations.
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