Octanol spot market prices are trending higher (September 8, 2026)

1. Today's Summary

• Raw material propylene prices rose substantially, significantly shifting the cost line upward.
• Today, domestic 2-ethylhexanol plants are running at 72%; downstream DOTP plants are running at 60%, and DOP plants at 55%.

2. Spot Market Overview

Table 1 Domestic 2-Ethylhexanol and Major Downstream Price Summary (Unit: CNY/ton)

Today, the ex-works price of 2-ethylhexanol in Shandong was 8,875 CNY/ton, while the Jiangsu market was quoted at 9,000-9,100 CNY/ton. The domestic 2-ethylhexanol market remained firm today. With international crude oil and raw material propylene prices rising sharply, trading sentiment for new orders in the 2-ethylhexanol market improved. Spot transaction prices edged higher. Downstream users mostly purchased on an as-needed basis, while spot supply continued to be tight.

3. Production Dynamics

Today, the capacity utilization rate of domestic 2-ethylhexanol plants was about 72%. The raw material propylene price rose significantly. Calculated based on spot propylene prices, the mainstream ex-works price of 2-ethylhexanol in Shandong was 8,800-8,900 CNY/ton, with a profit of about 170 CNY/ton.

4. Price Forecast

In the short term, stimulated by rising international crude oil and propylene prices, buying interest has increased, and downstream users mostly maintain as-needed purchasing. With strong cost-side support, spot negotiations in the 2-ethylhexanol market are expected to move slightly higher tomorrow.

5. Related Products

DOP: The DOP market faced high costs today. Mainstream merchants continued to lift opening prices. Driven by higher crude oil and strong cost support, intraday trading sentiment was good. In the afternoon, some merchants raised prices by another 100 CNY/ton, providing a boost to the market, while mainstream suppliers mostly controlled release volumes.

6. Data Calendar

Table 2 Domestic 2-Ethylhexanol Data at a Glance (Unit: 10,000 tons, CNY/ton)