I. price trend
According to the price monitoring of the business agency, the ex factory price of octanol in Shandong Province was temporarily stable this week. This week, the average ex factory price of main octanol in Shandong was 6966.67 yuan / ton, down 17.55% year on year. Overall, this week’s octanol market was temporarily stable, with the octanol commodity index at 51.23 on December 13.
II. Market analysis
(I) 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.
| PVA 0599 (PVA BF05) |
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 6950 yuan / ton, which is temporarily stable compared with 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.
(II) industrial chain:
Upstream raw material Market: propylene market rose slightly this week. The quotation increased from 6733.08 yuan / ton at the beginning of the week to 6740.77 yuan / ton at the end of the week, up 0.11%, down 14.89% year on year. The price of raw materials in the upstream market rose slightly, which had a positive impact on the price of octanol due to the impact of supply and demand.
| PVA |
Downstream market: the price of DOP factory rose slightly this week. The DOP quotation increased from 7366.67 yuan / ton at the beginning of the week to 7383.33 yuan / ton at the end of the week, up 0.23%, down 17.35% year on year. Downstream customers have general enthusiasm for octanol procurement, general demand for octanol, and low price consolidation of DOP has a negative impact on octanol market. The aftermarket operators mostly wait and see the trend of DOP.
III. future forecast
In the middle of December, Shandong octanol market trend or low consolidation. 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 rose slightly, the cost support was general, the downstream DOP market was low and consolidated, and the downstream procurement enthusiasm was general. According to the octanol analysts of the business club, the octanol market in Shandong in mid December may be consolidated at a low level under the influence of supply and demand and raw materials.
| POLYVINYL ALCOHOL |
| PVA |