Octanol: Quotes continue to rise slightly

Alcohols Domestic Markets Daily Express 20120619

[Market Estimation Table, June 19] Unit: RMB/ton Diethylene Glycol Up/Down n-Butanol Up/Down Octanol Up/Down East China 6100-6150-50/-30 9650-9750 0/100 11450-11500 50/0

South China 6150-6200 200/50 10200-10200 0/0 N/A/

North China 6100-6250 100/0 9200-9400-200/-100 11250-11300 50/0

Northeast 7040-8040 0/0 N/A/N/A/

[Octan Market Review]

Tuesday (June 19th): Domestic octanol market prices continued to increase slightly today, with the East China Port offering at 11450-11500 yuan/ton, but the downstream demand was still sluggish and the trading atmosphere was poor. Constrained by downstream demand, with the increase in supply, it is expected that the current round of pull-ups will continue for a short period of time, and the short-term market will remain largely low.

East China: East China octanol market was lightly traded. Today's mainstream market price is concentrated at 11450-11500 yuan/ton, and the low end is up 50 yuan/ton from yesterday. The octanol spot market price in Jiangsu Port was higher at 11,450 yuan/ton, but the downstream plant started with a lower load. The US dollar's intention to negotiate also declined, and the actual transaction volume was limited.

North China: North China octanol market, the mainstream quoted at 11250-11300 yuan / ton. Poor demand, insignificant stocks, Shandong-Jiangsu arbitrage channel increased the possibility of opening, so today's Shandong octanol shipment intentions rose to 11250-11300 yuan / ton, holding the mentality of the company turned better, low-cost shipping intention to enhance . The attitude of downstream hunters is not high, and some factories in Shandong are overhauled. It is expected that market speculation is expected to be general.

Influencing factors and market trends: 1, the traditional off-season is approaching the market; 3, the port inventory is not large; in May and May, the downstream plant starts in general; 5, the petrochemical plant is expected to drop in price in the recent days;