The market center of gravity for octanol has shifted lower.

1. Daily Summary

① In the Shandong region, octanol supply is ample, with producers actively pushing shipments.

② Today’s domestic octanol plant operating rate stands at 74%; downstream DOTP units are running at 62%, while DOP units are at 55%.

2. Spot Market Overview

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

Today, ex-factory prices for octanol in Shandong stood at 9,025 CNY/ton, while the reference price in the Jiangsu market was 9,125 CNY/ton. The overall center of gravity for the domestic octanol market shifted lower today. Trading activity in the downstream plasticizer market remained sluggish, with most buyers maintaining a wait-and-see attitude toward spot octanol. Producers in Shandong demonstrated notable initiative in selling inventory, with actual transaction prices negotiated at lower levels. Reference prices in other regions followed suit, declining in tandem. Buyer interest prices remain low, and the overall negotiation atmosphere in the market is weak.

3. Production Dynamics

Today, the domestic capacity utilization rate for octanol is approximately 74%. Feedstock propylene prices have remained stable. Mainstream ex-factory prices for octanol in Shandong range from 9,000 to 9,050 CNY/ton, yielding a profit margin of 368 CNY/ton for Shandong producers.

4. Price Forecast

The market currently lacks positive catalysts to boost sentiment. Downstream users exhibit strong wait-and-see behavior. Ahead of the holiday, some plants proactively increased shipments, putting pressure on market offers. The center of gravity for the octanol market is expected to decline further tomorrow.

5. Related Product Status

Today, as raw material octanol prices fell, DOP market prices continued their downward trend. Traders are actively selling inventory, while downstream users maintain minimal purchasing based on essential demand. The prevailing wait-and-see sentiment remains high, resulting in generally mediocre trading activity across the market.

6. Data Calendar

Table 2: Domestic Octanol Data Overview (Units: 10,000 tons, CNY/ton)