1、 Price trend

The factory price of octanol in Shandong Province rose this week. This week, the average price of mainstream factory quotation of octanol in Shandong increased from 10200.00 yuan / ton at the beginning of the week to 11333.33 yuan / ton at the end of the week, with an increase of 11.11%, 62.29% compared with the same period last year. Overall, octanol market rose this week, with the octanol commodity index of 83.33 on December 18.

2、 Market analysis

From the manufacturer’s quotation, the main octanol manufacturer’s factory quotation in Shandong Province rose this week: Jianlan Chemical Co., Ltd. quoted 11000 yuan / ton of octanol at the end of this week, 1000 yuan / ton higher than that at the beginning of the week; lihuayi’s offer of octanol was 11000 yuan / ton at the end of this week, 1000 yuan / ton higher than that at the beginning of the week; Hualu Hengsheng’s offer of octanol this weekend was 12000 yuan / ton, compared with the beginning of the week It increased by 1400 yuan / ton.

From the perspective of upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol fell this week, with the quotation falling from 7979.18 yuan / ton at the beginning of the week to 7965.55 yuan / ton at the end of the week, a decrease of 0.17%, and an increase of 18.58% over the same period of last year. The high price consolidation of upstream raw material market, affected by supply and demand, has a positive impact on octanol price.

Octanol downstream market, DOP factory price rose this week. The DOP quotation rose from 9733.33 yuan / ton at the beginning of the week to 10533.33 yuan / ton at the end of the week, an increase of 8.22% and a year-on-year increase of 42.34% over the same period last year. Downstream DOP prices rose, downstream customers’ enthusiasm for octanol procurement increased, octanol demand was good, and the future market operators were more likely to wait for DOP trend.

3、 Future forecast

In late December, the market trend of octanol in Shandong was mainly fluctuated. Upstream propylene market high consolidation, strong raw material support, downstream DOP market rose sharply, downstream purchasing enthusiasm is good, octanol supply is normal. In addition, the n-butanol plant in Ludwigshafen, Germany, was forced to shut down, indirectly pulling octanol. Octanol analysts believe that: in late December, under the influence of supply and demand and raw materials, the octanol market in Shandong may fluctuate slightly.