Morning Market Brief: n-Octanol

I. Key Focus Points

1. Based on spot propylene prices, the gross margin for 2-ethylhexanol (Oxo-alcohol) stands at RMB 332/ton, with plant operating rates around 70%.
2. Downstream plasticizer users are engaging in rigid-demand procurement of raw materials.
3. Oct 22: Market concerns regarding potential escalation of the US-Iran conflict, combined with Houthi attacks on Saudi Arabia raising supply risks, drove international crude oil prices higher. NYMEX WTI crude futures (December contract) closed at $99.47/barrel, up $2.32 (+2.39% WoW); ICE Brent crude futures (December contract) closed at $113.17/barrel, up $4.35 (+4.00% WoW).

Core Logic: Propylene feedstock prices rebounded, reinforcing cost support; consequently, the market center for 2-ethylhexanol shifted upward.

II. Price Table

Comparison of 2-Ethylhexanol and Downstream Product Prices

Unit: RMB/ton

Data Source: Chempricehub Information
Note: Prices for 2-Ethylhexanol, DOTP, and DOP refer to ex-factory cash-inclusive-of-tax prices for National Standard Premium Grade products.

III. Market Outlook

Yesterday, the 2-ethylhexanol market remained stable within a narrow range. Downstream users showed resistance to some high-priced offers, leading to slight softening in large-volume negotiations in the East China market. The sharp rise in closing international crude oil prices may boost buying sentiment and restocking activity today. It is expected that the 2-ethylhexanol market will continue its sideways consolidation trend today.

IV. Data Calendar

Data Source: Chempricehub Information
Notes:

1. ↓↑ indicates significant fluctuation, highlighting data dimensions with price/volume changes exceeding 3%.
2. ↗↘ indicates minor fluctuation, highlighting data dimensions with price/volume changes within 0–3%.