1、 Price trend
| PVA 1799 (PVA BF17) |
The factory price of octanol in Shandong Province fell this week. This week, the average price of octanol mainstream factory quotation in Shandong decreased from 7116.67 yuan / ton at the beginning of the week to 7016.67 yuan / ton at the end of the week, a decrease of 1.41%, and a year-on-year decrease of 8.48%. Overall, octanol market fell this week, with the octanol commodity index of 51.59 on July 17.
2、 Market analysis
From the manufacturer’s quotation, the main octanol manufacturers in Shandong Province dropped their factory quotations this week: Jianlan Chemical Co., Ltd. quoted 7100 yuan / ton of octanol at the end of this week, which was temporarily stable compared with the beginning of the week; lihuayi’s offer of octanol was 6900 yuan / ton at the end of this week, which was 200 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng’s offer of octanol was 7050 yuan / ton at the end of this week, which was 100 yuan lower than that at the beginning of the week/ Tons.
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 6781.82 yuan / ton at the beginning of the week to 6728.18 yuan / ton at the end of the week, a decrease of 0.79%, and a decrease of 15.33% compared with the same period last year. Upstream raw material market prices fell, affected by the supply and demand side, had a negative impact on octanol prices.
| PVA 1788 (PVA BP17) |
Octanol downstream market, DOP factory price fell this week. DOP quotation fell from 7166.67 yuan / ton at the beginning of the week to 7033.33 yuan / ton at the end of the week, a decrease of 1.86%, and a year-on-year decrease of 7.05%. Downstream customers’ enthusiasm for octanol procurement declined, octanol demand was general, and the decline of DOP price had a negative impact on octanol market. After the market operators more watch the trend of DOP.
3、 Future forecast
In late July, the market trend of octanol in Shandong was mainly fluctuating and falling. The upstream propylene price fell slightly, the cost support was weak, the downstream DOP market began to fall, and the downstream purchasing enthusiasm was weak. Octanol analysts believe that: in late July, under the influence of supply and demand and raw materials, the octanol market in Shandong may decline slightly.
| PVA FIBER |