Price Trend

According to the price monitoring of business associations, octanol ex-factory prices in Shandong rose this week. This week, the price quotation of main octanol factory in Shandong increased from 7166.67 yuan/ton at the beginning of the week to 7700.00 yuan/ton at the end of the week, up 533.33 yuan/ton, up 7.44%, down 10.36% from the same period last year. Overall, the octanol market rose this week, with the octanol commodity index of 56.62 on July 12.

II. Market Analysis

(1) Products:

At present, the domestic octanol plant start-up rate is still acceptable; Hualu Hengsheng 80,000 tons/year octanol plant start-up normal, this week’s offer is firm; Jiangsu Huachang chemical octanol plant annual capacity 80,000 tons, no maintenance plan.

This week, the quotation of Shandong main octanol producers rose. As of Friday, the quotation of Lihua Yioctanol was 7650 yuan/ton, which was 500 yuan/ton higher than that at the beginning of the week; the quotation of Hualu Hengsheng Sheng octanol at the weekend was 7750 yuan/ton, which was 400 yuan/ton higher than that at the beginning of the week; and the quotation of Jianlan Chemical Octanol at the weekend was 77 yuan/ton. 00 yuan/ton, compared with the beginning of the week, the price has increased by 700 yuan/ton.

(2) Industrial chain:

Upstream raw material market: Propylene market rose this week. The quotation rose from 8060.08 yuan/ton at the beginning of the week to 8263.08 yuan/ton at the end of the week, an increase of 2.52%, a decrease of 0.30% over the same period last year. The rising price of raw materials in the upstream market is influenced by supply and demand, which has a positive impact on octanol price.

Downstream market: D

OP ex-factory prices rose this week. DOP quotation rose from 7416.67 yuan/ton at the beginning of the week to 7600.00 yuan/ton at the end of the week, up 2.47%, down 13.39% from the same period last year. The downstream customers’enthusiasm for octanol purchasing increased, the demand for octanol increased, and the rise of DOP price had a positive impact on the octanol market. Future traders are more likely to watch the trend of DOP.

3. Future Market Forecast

After the adjustment in June, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. Octanol business analysts believe that the overall trend of octanol Shandong market is steadily rising. Upstream propylene price rises, downstream purchasing enthusiasm rises, and products go up under the contradiction between supply and demand. Octanol analysts believe that the short-term Shandong market in supply and demand and raw materials and other aspects of the impact of the octanol market shocks and rises, little increase.