1、 Price trend
| PVA 1799 (PVA BF17) |
This week, the factory price of octanol in Shandong Province rose sharply. This week, the average price of octanol mainstream ex factory price in Shandong increased from 7483.33 yuan / ton at the beginning of the week to 8016.67 yuan / ton at the end of the week, with an increase of 7.13%, 15.63% compared with the same period last year. Overall, octanol market rose this week, with the octanol commodity index of 58.95 on November 13.
2、 Market analysis
From the manufacturer’s quotation, the main octanol manufacturer’s factory quotation in Shandong Province rose this week: the octanol quotation of Jianlan chemical was 8200 yuan / ton at the end of this week, 750 yuan / ton higher than that at the beginning of the week; the octanol quotation of lihuayi was 8000 yuan / ton at the end of this week, 500 yuan / ton higher than that at the beginning of the week; the quotation of Hualu Hengsheng octanol was 7850 yuan / ton at the end of this week It increased by 350 yuan / ton.
From 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 6868.27 yuan / ton at the beginning of the week to 6891.91 yuan / ton at the end of the week, with an increase of 0.34%, and a decrease of 6.86% compared with the same period last year. Upstream raw material market price rise, affected by the supply and demand side, has a positive impact on the price of octanol.
The downstream market of octanol, DOP factory price rose sharply this week. The DOP quotation rose from 7683.33 yuan / ton at the beginning of the week to 8383.33 yuan / ton at the end of the week, with an increase of 9.11% and a year-on-year increase of 14.32% over the same period last year. Downstream DOP prices rose, downstream customers were more enthusiastic about octanol procurement, octanol demand was general, and later market operators were more likely to wait for DOP trend.
3、 Future forecast
In the middle and late November, the market trend of octanol in Shandong Province may fluctuate and rise slightly. The upstream propylene market rose, the raw material support was strong, the downstream DOP market also rose slightly, the downstream purchasing enthusiasm was high, the octanol supply was normal. Octanol analysts believe that: in the late November of Shandong octanol market in supply and demand and raw materials and other aspects of the impact of octanol market or a small surge rise.
| PVA |