1、 Price trend

The ex factory price of octanol rose slightly in Shandong this week. This week, the average ex factory price of main octanol in Shandong increased from 6816.67 yuan / ton at the beginning of the week to 7000.00 yuan / ton at the end of the week, up 2.69%, up 0.72% year-on-year compared with the same period last year. Overall, octanol rose this week, with the June 12 octanol commodity index at 51.47.

2、 Market analysis

From the manufacturer’s quotation, the factory quotation of Shandong main octanol manufacturers this week slightly increased: the quotation of octanol of Jianlan Chemical Co., Ltd. at the end of this week was 7000 yuan / ton, 300 yuan / ton higher than that at the beginning of this week; the quotation of octanol of lihuayi at the end of this week was 6950 yuan / ton, 100 yuan / ton higher than that at the beginning of this week; the quotation of octanol of hualuhengsheng at the end of this week was 7050 yuan / ton, higher than that at the beginning of this week Up 150 yuan / ton.

From the perspective of upstream and downstream industry chains, the raw material market in the upstream of octanol fell this week. The price of propylene fell from 6891.00 yuan / ton at the beginning of the week to 6549.09 yuan / ton at the end of the week, down 4.96%, down 10.94% year-on-year. The price of raw materials in the upstream market fell, affected by the supply and demand, which had a negative impact on the price of octanol.

Lower octanol market, this week DOP factory price high consolidation. DOP quoted 7133.33 yuan / ton, down 0.23% year on year. Downstream customers are more active in purchasing octanol, demand for octanol is higher, and high DOP price has a positive impact on octanol market. The aftermarket operators mostly wait and see the trend of DOP.

3、 Future forecast

In the middle of June, the trend of octanol market in Shandong province was dominated by small fluctuation. The upstream propylene price dropped sharply, the cost support was weak, and the downstream procurement enthusiasm was general. According to the octanol analysts of the business club, the octanol market in Shandong Province in the middle of June may decline slightly under the influence of supply and demand and raw materials.