1、 Price trend

The factory price of isooctanol rose in Shandong this week. This week, the average price of isooctanol in Shandong Province rose from 10333.33 yuan / ton at the beginning of the week to 10916.67 yuan / ton at the end of the week, an increase of 5.65%, 60.54% year-on-year compared with the same period last year. Overall, the market of ISO octanol rose this week, with the commodity index of ISO octanol at 80.39 on February 5.

2、 Market analysis

From the manufacturer’s quotation, the factory quotation of Shandong’s mainstream ISO octanol manufacturers rose this week: Jianlan chemical’s quotation of ISO octanol this weekend was 10900 yuan / ton, up 550 yuan / ton compared with that at the beginning of the week. Lihuayi quoted 10950 yuan / ton of isooctanol this weekend, up 700 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 10900 yuan / ton of isooctanol this week, up 400 yuan / ton compared with the beginning of the week.

From the perspective of upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol was temporarily stable this week, with the quoted price of 7068.18 yuan / ton, up 6.58% over the same period last year. The high price of raw materials in the upstream market, affected by the supply and demand side, had a positive impact on the price of octanol.

Octanol downstream market, DOP factory price rose slightly this week. DOP quotation increased from 9575.00 yuan / ton at the beginning of the week to 10050.00 yuan / ton at the end of the week, an increase of 4.96%, 38.62% over the same period of last year. The price of downstream DOP rose, the enthusiasm of downstream customers to purchase octanol increased, the demand for octanol was better, and the future market operators mostly watched the trend of DOP.

3、 Future forecast

In the middle of February, the market trend of Shandong octanol may rise slightly. The upstream propylene market was consolidated at a high level, the raw material support was strong, the downstream DOP market rose slightly, the downstream purchasing enthusiasm was enhanced, and the octanol supply was normal. Business community octanol analysts believe that: in mid February, under the influence of supply and demand, raw materials and other aspects of octanol market in Shandong, octanol market may rise slightly.