Morning Market Insight for the Octanol Market

I. Key Focus Points

1. Morning ex-factory quotes for n-octanol in Shandong dropped to RMB 9,050/ton.
2. International crude oil prices closed lower, leading to a lack of confidence in the market.
3. On September 22: A meeting between the US and Iran is scheduled. The market anticipates a easing of geopolitical tensions, causing international oil prices to fall. NYMEX October crude oil futures settled at $94.59/bbl, down $1.19/bbl (-1.24%); ICE November Brent futures settled at $99.25/bbl, down $1.09/bbl (-1.09%).

Core Logic: N-octanol market prices are gradually declining, with buyers primarily purchasing based on rigid demand.

II. Price Table

Comparison of N-octanol and Downstream Product Prices

Unit: RMB/ton

Data Source: Chempricehub Information

Note: N-octanol, DOTP, and DOP refer to national standard premium grade products, quoted as ex-factory cash prices including VAT.

III. Market Outlook

Yesterday, trading activity in the n-octanol market was moderate, with downstream users showing average interest in spot purchases. Overnight, international crude oil prices declined, dampening market sentiment; downstream users are likely to remain in a wait-and-see mode. This morning, ex-factory prices in Shandong saw a slight decrease. It is expected that today’s negotiation atmosphere in the n-octanol market will remain quiet.

IV. Data Calendar

Data Source: Chempricehub Information

Notes:

1. ↓↑ indicates significant volatility, highlighting data dimensions where changes exceed 3%.
2. ↗↘ indicates narrow-range fluctuations, highlighting data dimensions where changes are within 0–3%.