Octanol prices in Shandong rose slightly this week (8.10-8.14)

1、 Price trend

 

PVA 1788 (PVA BP17)

The factory price of octanol in Shandong Province rose this week. This week, the average price of mainstream factory price of octanol in Shandong increased from 7083.33 yuan / ton at the beginning of the week to 7116.67 yuan / ton at the end of the week, an increase of 0.47%, and a decrease of 3.61% compared with the same period of last year. Overall, octanol market rose this week, with the octanol commodity index of 52.33 on August 14.

 

2、 Market analysis

 

From the manufacturer’s quotation, the main octanol manufacturers in Shandong Province have increased their ex factory quotation this week: the octanol quotation of Jianlan Chemical Co., Ltd. is 7100 yuan / ton at the end of this week, which is temporarily stable compared with the beginning of the week; the offer of lihuayi octanol is 7050 yuan / ton at the end of this week, which is 100 yuan / ton higher than that at the beginning of the week; the quotation of Hualu Hengsheng octanol is 7200 yuan / ton this weekend, which is temporarily stable compared with the beginning of the week.

 

Judging from the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol fell slightly this week, with the quotation falling from 7036.45 yuan / ton at the beginning of the week to 7030.09 yuan / ton at the end of the week, a decrease of 0.09%, and a decrease of 9.18% compared with the same period last year. Upstream raw material market prices fell slightly, affected by the supply and demand side, had a negative impact on octanol prices.

 

PVA

Octanol downstream market, DOP factory price this week to stop falling to maintain stability. DOP quoted 7000 yuan / ton, down 3.45% from the same period last year. Downstream customers are generally active in purchasing octanol, and demand for octanol is general. The low price consolidation of DOP has a negative impact on octanol market. After the market operators more watch the trend of DOP.

 

3、 Future forecast

 

In the middle of August, the market trend of Shandong octanol fluctuated slightly and fell mainly. The upstream propylene price fell, the cost support was weak, the downstream DOP market was low consolidation, and the downstream purchasing enthusiasm was general. Octanol analysts believe that: in mid August, under the influence of supply and demand, raw materials and other aspects, the octanol market in Shandong may fluctuate and fall slightly.

POLYVINYL ALCOHOL