1、 Price trend
This week, the ex factory price of isooctanol in Shandong fell first and then rose. Big manufacturers adjusted their prices. This week, the average ex factory quotation price of isooctanol in Shandong first dropped from 10633.33 yuan / ton on January 11 to 9133.33 yuan / ton on January 12, down 14.11%, and then rose to 10666.67 yuan / ton on January 15, up 16.79%. Compared with the same period last year, it increased by 54.22%. Overall, isooctanol rose this week, with the octanol commodity index at 78.43 on January 15.
2、 Market analysis
In terms of manufacturers’ quotations, the factory quotations of mainstream ISO octanol manufacturers in Shandong fell first and then rose this week: Jianlan chemical’s quotation of ISO octanol fell from 11000 yuan / ton on January 11 to 9000 yuan / ton on January 12, and then rose to 10500 yuan / ton on January 15; lihuayi’s quotation of ISO octanol fell from 9700 yuan / ton on January 11 to 9000 yuan / ton on January 12, and then rose to January 15 Hualu Hengsheng’s quotation for isooctanol this week first dropped from 11200 yuan / ton on January 11 to 9400 yuan / ton on January 12, and then rose to 11000 yuan / ton on January 15.
From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol rose this week, with the quotation rising from 7290.91 yuan / ton at the beginning of the week to 7390.91 yuan / ton at the end of the week, a decrease of 1.37%, and a year-on-year increase of 2.27%. The price of raw materials in the upstream market rose slightly, affected by the supply and demand side, which had a positive impact on the price of octanol.
Octanol downstream market, this week DOP factory prices fell slightly. DOP quotation fell from 9625.00 yuan / ton at the beginning of the week to 9550.00 yuan / ton at the end of the week, with a decrease of 0.78%, and a year-on-year increase of 30.82%. The price of downstream DOP fell, the enthusiasm of downstream customers to purchase octanol weakened, the demand for octanol was general, and the future market operators mostly watched the trend of DOP.
3、 Future forecast
In late January, the trend of Shandong octanol market may fluctuate slightly. The upstream propylene market rose slightly, the raw material support was strong, the downstream DOP market declined, the downstream purchasing enthusiasm weakened, and the octanol supply was normal. Business community octanol analysts believe that: in late January, under the influence of supply and demand, raw materials and other aspects of octanol market in Shandong, octanol market may fluctuate slightly.
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