Last week, the price of isooctanol stopped falling and rebounded 

According to the Commodity Market Analysis System of SunSirs, as of April 21st, the price of isooctanol was 7,533.33 RMB/ton, a fluctuating increase of 1.57% compared to the price of 7,416.67 RMB/ton on April 17th; Compared to the price of 7,850 RMB/ton on April 4th, the price of isooctanol has decreased by 4.03%. Isooctanol enterprises were operating steadily at a low level, and the supply from isooctanol manufacturers was temporarily stable; Plasticizer manufacturers were operating steadily at a low level, while demand for isooctanol was weak. Downstream plasticizer prices have stopped falling and risen, and the downward pressure on isooctanol has weakened while the upward support has increased.

Downstream plasticizer DOP prices stopped falling and rose last week

According to the Commodity Market Analysis System of SunSirs, as of April 21st, the DOP price was 8,159.16 RMB/ton, which fluctuated and stabilized compared to the DOP price of 8,159.16 RMB/ton on April 14th; Compared to the DOP price of 8142.50 RMB/ton on April 17th, the price fluctuated and rose by 0.20%. The production of plasticizer DOP enterprises was stabilizing at a low level, and the output of plasticizer DOP was stable. However, the demand for isooctanol remained weak, and the support for isooctanol demand was weakening. The downward pressure on isooctanol still existed.

Market outlook

According to the octanol products data analyst of SunSirs, plasticizer companies were stabilizing at low levels of production, while downstream demand for isooctanol remained weak. Isooctanol manufacturers were stabilizing at low levels of production, and there was sufficient supply of isooctanol. The supply and demand of isooctanol were weak, and it is expected that the market price of isooctanol will fluctuate and consolidate in the future.

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