Morning Market Update: Octanol

I. Key Points

1. Downstream users show moderate enthusiasm for purchasing 2-EH at low market prices.
2. Prior to the holiday, 2-EH plants focused primarily on shipping out inventory; Shandong morning offers saw a slight upward adjustment.
3. Sep 28: The stalemate in US-Iran relations persists, and concerns over supply risks continue to weigh on the market, driving international crude oil prices higher. NYMEX WTI crude oil futures (November contract) closed at $92.60/bbl, up $0.19/bbl (+0.21%); ICE Brent crude oil futures (November contract) closed at $105.28/bbl, up $0.96/bbl (+0.92%).

Core Logic: 2-EH market prices edged slightly higher, with buyers engaging in moderate procurement.

II. Price Table

Comparison of 2-EH and Downstream Product Prices

Unit: RMB/ton

Data Source: Chempricehub Information

Note: Prices for 2-EH, DOTP, and DOP refer to ex-works spot cash prices including VAT for National Standard Premium Grade products.

III. Market Outlook

Yesterday, transactions for 2-EH at lower price levels were relatively active. Some downstream units implemented brief shutdowns or reduced production during the National Day holiday, while buyers procured raw materials in moderate volumes, resulting in an overall calm market atmosphere. Feedstock propylene prices surged significantly, gradually manifesting cost pressures. It is expected that the negotiation center for 2-EH spot prices will rise today.

IV. Data Calendar

Data Source: Chempricehub Information

Notes:

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