1、 Price trend

According to the price monitoring of the business agency, the ex factory price of octanol in Shandong Province rose slightly this week. This week, the average ex factory price of main octanol in Shandong increased from 6966.67 yuan / ton at the beginning of the week to 6983.33 yuan / ton at the end of the week, up 0.24%, down 14.84% year-on-year compared with the same period last year. Overall, octanol rose slightly this week, with the commodity index of 51.35 on December 29.

2、 Market analysis

（1） Products:

At present, the operating rate of domestic octanol plant is acceptable; Hualu Hengsheng’s 80000 T / a octanol plant is operating normally, and this week’s offer is firm; the annual capacity of Jiangsu Huachang Chemical octanol plant is 80000 tons, and there is no maintenance plan.

This week, the ex factory quotation of Shandong mainstream octanol manufacturers is temporarily stable: hualuhengsheng’s ex factory quotation of octanol this weekend is 7000 yuan / ton, which is temporarily stable compared with the beginning of the week; Jianlan chemical’s quotation of octanol this weekend is 7000 yuan / ton, which is 50 yuan / ton higher than the beginning of the week; lihuayi’s quotation of octanol this weekend is 6950 yuan / ton, which is temporarily stable compared with the beginning of the week.

（2） Industrial chain:

Upstream raw material Market: propylene market fell slightly this week. The quotation dropped from 6737.69 yuan / ton at the beginning of the week to 6717.69 yuan / ton at the end of the week, down 0.30%, down 16.65% year on year. The price of raw materials in the upstream market fell slightly, which had a negative impact on the price of octanol due to the impact of supply and demand.

Downstream market: the price of DOP factory rose slightly this week. The DOP quotation increased from 7383.33 yuan / ton at the beginning of the week to 7433.33 yuan / ton at the end of the week, up 0.68%, down 15.69% year on year. Downstream customers have a high enthusiasm for octanol procurement, and the demand for octanol is general. The rise of DOP price has a positive impact on octanol market. The aftermarket operators mostly wait and see the trend of DOP.

3、 Future forecast

In late December, the trend of Shandong octanol market may fluctuate. After the adjustment in November, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. The upstream propylene price fell slightly, the cost support was general, the downstream DOP market was low and consolidated, and the downstream procurement enthusiasm was high. According to the octanol analyst of the business agency, the octanol market in Shandong in late December may fluctuate and rise under the influence of supply and demand and raw materials.