This week, the price of isooctanol fluctuated and rose
According to the Commodity Market Analysis System of SunSirs, as of March 25th, the price of isooctanol was 7,516.67 RMB/ton, an increase of 0.67% compared to the price of 7,466.67 RMB/ton on March 14th. There was a significant increase in production capacity of isooctanol, with high equipment start-up rates in isooctanol enterprises and sufficient supply from isooctanol manufacturers; Plasticizer manufacturers were operating at high levels, and demand for isooctanol was increasing. The downward pressure on isooctanol was weakening, and upward support still existed.
Downstream plasticizer DOP prices fluctuated and rose this week
According to the Commodity Market Analysis System of SunSirs, as of March 25th, the DOP price was 8,126.25 RMB/ton, which first increased and then decreased by 0.15% compared to the DOP price of 8,113.75 RMB/ton on March 14th. The production of DOP plasticizers has increased, and the output of plasticizers has recovered. The demand for isooctanol supported, and the upward support for isooctanol still existed.
Market outlook
The isooctanol product data analyst of SunSirs believes that downstream demand was stable, and the supply of isooctanol was increasing, causing the price of isooctanol to rise first and then fall. In the future, the operating load of plasticizer DOP enterprises will be high, 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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