Octanol Market Focus Remains Stable (20260907)

1. Today's Summary

① Propylene feedstock prices declined from last Friday, pulling down the octanol cost line.

② Today, the domestic octanol plant operating rate is 73%; downstream DOTP plants are running at 60%, and DOP plants at 57%.

2. Spot Market Overview

Table 1 Domestic Octanol and Major Downstream Price Summary (Unit: yuan/ton)

Data source: Chempricehub Information

Today, Shandong octanol ex-works prices stood at 8,850 yuan/ton, while the Jiangsu market was referenced at 9,000–9,100 yuan/ton. The domestic octanol market remained stable today. With supply expected to recover this week, downstream users mainly drew on contract inventories, and spot transaction sentiment was muted, with deals concluded mostly in small lots. Major plants kept low inventories and held offer prices steady.

3. Production Update

Domestic octanol capacity utilization is around 73% today. Propylene feedstock prices declined. Based on spot propylene prices, mainstream octanol ex-works prices in Shandong were 8,800–8,900 yuan/ton, corresponding to profits of roughly 700 yuan/ton for Shandong octanol.

4. Price Forecast

Given the expected increase in octanol supply and weaker propylene feedstock prices, downstream users continue to consume octanol contract volumes, and spot market discussions remain moderate. The downstream plasticizer market transacted reasonably well, and rigid demand stayed steady. The octanol market is expected to consolidate within a range.

5. Related Product Information

DOP: Today, feedstock octanol was stable, keeping DOP production costs high and prices firm. Gains varied across the market. Given high price levels, sellers generally focused on active offtake; some rigid demand purchases were concluded in lower-price regions, while upward cost pass-through at higher prices was limited.

6. Data Calendar

Table 2 Domestic Octanol Data Overview (Unit: 10,000 tons, yuan/ton)

Data source: Chempricehub Information
Notes: 1. ↓↑ is deemed a significant fluctuation, highlighting data dimensions with change rates exceeding 3%. 2. ↗↘ is deemed a narrow fluctuation, highlighting data with change rates within 0–3%.