Octanol Market Negotiation Focus Shifts Downward (September 20, 2026)

1. Today's Summary

① Secondary market offers for octanol are low, with limited purchasing interest from downstream users.

② Today, the domestic octanol operating rate is 73%; the DOTP plant operating rate is 62%, and the DOP plant operating rate is 56%.

2. Spot Market Overview

Table 1: Price Summary of Domestic Octanol and Key Downstream Products (Unit: CNY/ton)

Today, ex-factory prices in Shandong stood at 9,200 CNY/ton, while the reference price in the Jiangsu market was 9,300 CNY/ton. The overall focus of the domestic octanol market shifted lower. Due to low pricing from intermediaries holding profit-taking positions, current selling offers have struggled to achieve transactions. Before the National Day holiday, supply from octanol plants recovered somewhat, leading to a loose market supply. Downstream users maintained a strong wait-and-see attitude.

3. Production Dynamics

Today, the domestic octanol capacity utilization rate is approximately 73%. Feedstock propylene prices dropped slightly compared to Friday. The mainstream ex-factory price for octanol in Shandong is 9,200 CNY/ton, resulting in a profit margin of 386 CNY/ton for Shandong producers.

4. Price Forecast

Octanol market supply remains loose, with manufacturers showing increased willingness to sell. Downstream users are observing feedstock trends, resulting in poor trading sentiment despite market offers. The center of gravity for the octanol market is expected to remain weak tomorrow.

5. Related Product Status

DOP: Today, as octanol prices fell, DOP market prices continued to decline. Inquiry activity remained subdued, though some transactions still allow room for negotiation. Currently, traders hold bearish sentiments regarding the raw material market, resulting in average transaction volumes.

6. Data Calendar

Table 2: Domestic Octanol Data Overview (Unit: 10k tons, CNY/ton)