Price trend
product |
March 20 |
March 21 |
Rise and fall |
Propylene |
6,870.75 RMB/ton |
6,880.75 RMB/ton |
0.15% |
Isooctanol |
7,533.33 RMB/ton |
7,590.00 RMB/ton |
0.75% |
DOP |
8,151.25 RMB/ton |
8,151.25 RMB/ton |
0.00% |
According to the Commodity Analysis System of SunSirs, the average market price of isooctanol on March 21st was 7,590 RMB/ton, an increase of 0.75% compared to the previous trading day.
Analysis review
The upstream propylene market was strongly consolidating, while the cost support of isooctanol still existed. The downstream plasticizer market was fluctuating and rising, and demand support still existed. The downstream purchasing enthusiasm was average. The upward support for isooctanol still exists, and the downward pressure has weakened.
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