The latest price of isooctanol (February 28): 9066.67 RMB/ton will be bearish in the future
Key points of analysis: On February 27, the ex-factory price of isooctanol in Shandong fell slightly, down 466.66 RMB/ton, or 4.90%, compared with the same period last year, down 26.29% year-on-year. The upstream propylene price rose slightly, the cost support was insufficient, the downstream DOP market fell slightly, and the downstream demand weakened. Under the contradiction between supply and demand, the product trend is downward.
Aftermarket forecast: In the near future, the ex-factory price of isooctanol in Shandong Province may fall slightly: the manufacturer's quotation is around 9000 RMB/ton.
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