The price of isooctanol first rose and then fell this week

According to the Commodity Market Analysis System of SunSirs, as of March 17th, the price of isooctanol was 7,466.67 RMB/ton, which first rose and then fell compared to the price of 7,466.67 RMB/ton on March 7th, and fluctuated and fell by 0.58% compared to the price of 7,510 RMB/ton on March 11th. There was a significant increase in production capacity of isooctanol, leading to an increase in supply from isooctanol manufacturers; Plasticizer manufacturers were operating at high levels, with stable demand for isooctanol and reduced downward pressure on isooctanol.

The price of downstream plasticizer DOP first rose and then fell this week

According to the Commodity Market Analysis System of SunSirs, as of March 17th, the DOP price was 8,101.25 RMB/ton, which first increased and then decreased by 0.46% compared to the DOP price of 8,138.75 RMB/ton on March 7th; Compared to the DOP price of 8251.25 RMB/ton on March 11th, the price fluctuated and fell by 1.82%. Plasticizer DOP enterprises have increased production, plasticizer output has recovered, demand for isooctanol has stabilized, and the downward pressure on isooctanol has weakened.

Market outlook

According to the data analyst of SunSirs’ isooctanol product, downstream demand has rebounded, and the supply of isooctanol has increased, causing the price of isooctanol to rise first and then fall. In the future, the operating load of plasticizer DOP enterprises will recover, the production of plasticizers will increase, the demand for isooctanol will rise, the operating load of isooctanol enterprises will increase, and the supply of isooctanol will increase. It is expected that the price of isooctanol will fluctuate and stabilize in the future.

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