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 6666.67 yuan / ton at the beginning of the week to 6816.67 yuan / ton at the end of the week, up 2.25%, down 3.31% year on year compared with the same period last year. Overall, octanol rose this week, with the June 5 octanol commodity index at 50.12.

2、 Market analysis

From the manufacturer’s quotation, the factory quotation of the mainstream octanol manufacturers in Shandong this week slightly increased: the quotation of the octanol of Jianlan Chemical Co., Ltd. this week is 6700 yuan / ton, which is temporarily stable compared with that at the beginning of the week; the quotation of the octanol of lihuayi this weekend is 6850 yuan / ton, which is 250 yuan / ton higher than that at the beginning of the week; the quotation of the octanol of hualuhengsheng this weekend is 6900 yuan / ton, which is 200 yuan / ton higher than that at the beginning of the week.

From the perspective of upstream and downstream industry chains, the market of raw materials upstream of octanol and propylene market rose this week. The quotation rose from 6642.73 yuan / ton at the beginning of the week to 6901.91 yuan / ton at the end of the week, up 3.90%, down 1.92% year-on-year. The price of raw materials in the upstream market is rising, which has a positive impact on the price of octanol due to the impact of supply and demand.

Lower octanol market, DOP factory prices rose this week. DOP’s quotation increased from 6983.33 yuan / ton at the beginning of the week to 7133.33 yuan / ton at the end of the week, up 2.15%, down 2.06% year on year. Downstream customers are more active in purchasing octanol, demand for octanol is higher, and DOP price increase 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 Shandong octanol market may fluctuate slightly. The upstream propylene price increased slightly, the cost support was strong, and the downstream procurement enthusiasm was good. According to the octanol analysts of the business agency, the octanol market in Shandong in mid June may rise slightly under the influence of supply and demand and raw materials.