1、 Price trend

The factory price of octanol in Shandong Province fell this week. This week, the average price of mainstream factory price of octanol in Shandong decreased from 7516.67 yuan / ton at the beginning of the week to 7283.33 yuan / ton at the end of the week, a decrease of 3.10%, and a year-on-year decrease of 2.46% compared with the same period of last year. Overall, octanol market fell this week, with the octanol commodity index of 53.55 on July 10.

2、 Market analysis

From the manufacturer’s quotation, the main octanol manufacturer’s factory quotation in Shandong Province fell this week: Jianlan Chemical Co., Ltd. quoted 7350 yuan / ton of octanol at the end of this week, 200 yuan / ton lower than that at the beginning of the week; lihuayi’s offer of octanol was 720 yuan / ton at the end of this week, 300 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng’s offer of octanol was 7350 yuan / ton at the end of this week, which was lower than that at the beginning of the week 200 yuan / ton.

Judging from the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol rose slightly this week, with the quotation rising from 6714.55 yuan / ton at the beginning of the week to 6891.91 yuan / ton at the end of the week, an increase of 2.64%, and a decrease of 15.60% compared with the same period last year. Upstream raw material market price rise, affected by the supply and demand side, has a positive impact on the price of octanol.

Octanol downstream market, DOP factory price fell this week. DOP quotation fell from 7433.33 yuan / ton at the beginning of the week to 7266.67 yuan / ton at the end of the week, a decrease of 2.24%, and a year-on-year decrease of 2.68%. Downstream customers’ enthusiasm for octanol procurement declined, octanol demand was general, and the decline of DOP price had a negative impact on octanol market. After the market operators more watch the trend of DOP.

3、 Future forecast

In the middle of July, the market trend of octanol in Shandong was mainly fluctuating and falling. Although the upstream propylene price rose slightly, the cost support was weak, the downstream DOP market began to fall, and the downstream purchasing enthusiasm was weak. Octanol analysts from the business agency believe that: in mid July, the octanol market in Shandong Province may decline slightly under the influence of supply and demand and raw materials.