Morning Market Outlook for Octanol

I. Key Focus Points

1. Spot n-butanol is currently incurring a loss of RMB 323/ton, while plasticizer products are showing improved profitability.
2. Qilu Petrochemical has restarted its small-scale n-butanol unit. Ningxia Baichuan’s n-butanol unit has shut down. No definite restart schedule has been announced for the units at Dongming Oriental and Daqing Petrochemical.
3. On October 8: Instability in the Middle East continues, compounded by hurricanes causing shutdowns of some offshore oil wells in the United States, leading to a rise in international crude oil prices. NYMEX WTI crude oil futures (November contract) closed at $91.49/barrel, up $3.21/barrel (+3.64% week-on-week). ICE Brent crude oil futures (December contract) closed at $104.28/barrel, up $4.08/barrel (+4.07% week-on-week).

Core Logic: Strong cost support combined with gradually recovering demand provides upward momentum for the short-term n-butanol market.

II. Price Table

Comparison of N-Butanol and Downstream Product Prices

Unit: RMB/ton

Data Source: Chempricehub Information
Note: N-butanol, DOTP, and DOP prices refer to ex-factory cash-inclusive prices for national standard premium-grade products.

III. Market Outlook

Trading sentiment in the n-butanol market improved yesterday. The feedstock propylene market performed strongly, providing significant support to n-butanol prices. Downstream plasticizer markets saw smooth trading activity, with active procurement of spot n-butanol. Short-term market confidence has been boosted, and the central price level for n-butanol is expected to rise today.

IV. Data Calendar

Data Source: Chempricehub Information
Notes:

1. ↓↑ indicates significant fluctuations, highlighting data points where changes exceed 3%.
2. ↗↘ indicates minor fluctuations, highlighting data points where changes fall within the 0–3% range.