1、 Price trend
According to the price monitoring of the business agency, the ex factory price of octanol in Shandong fell this week. This week, the average ex factory price of main octanol in Shandong fell from 6067.67 yuan / ton at the beginning of the week to 5800.00 yuan / ton at the end of the week, down 4.40%, down 25.16% compared with the same period last year. Overall, octanol fell this week, with the March 20 octanol commodity index at 42.65.
2、 Market analysis
（1） Products:
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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 factory quotation of the mainstream octanol manufacturers in Shandong Province fell: the quotation of octanol of Jianlan Chemical Co., Ltd. at the end of this week was 5800 yuan / ton, down 300 yuan / ton compared with that at the beginning of this week; the quotation of octanol of lihuayi Co., Ltd. at the end of this week was 5800 yuan / ton, down 200 yuan / ton compared with that at the beginning of this week; the quotation of octanol of hualuhengsheng Co., Ltd. at the end of this week was 5800 yuan / ton, down 300 yuan / ton compared with that at the beginning of this week
（2） Industrial chain:
Upstream raw material Market: propylene market fell this week. The quotation dropped from 6800.00 yuan / ton at the beginning of the week to 5731.82 yuan / ton at the end of the week, down 4.83%, down 21.44% year on year. The price of raw materials in the upstream market fell, affected by the supply and demand, which had a negative impact on the price of octanol.
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Downstream market: DOP factory price fell this week. DOP’s quotation dropped from 7033.33 yuan / ton at the beginning of the week to 6666.67 yuan / ton at the end of the week, down 1.96%, down 18.70% year on year. Downstream customers are less active in purchasing octanol, and the demand for octanol is general. The decline of DOP price has a negative impact on octanol market. The aftermarket operators mostly wait and see the trend of DOP.
3、 Future forecast
In late March, the trend of Shandong octanol market may fluctuate slightly. The upstream propylene price fell, the cost support was weak, and the downstream procurement enthusiasm was weak. According to the octanol analyst of business agency, the octanol market in Shandong in late March may decline slightly under the influence of supply and demand and raw materials.
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