Price trend

According to the Commodity Analysis System of SunSirs, the average market price of isooctanol in Shandong on April 24th was 7,433.33 RMB/ton, a decrease of 0.45% from the previous trading day.

On April 23, the commodity price index of propylene and isooctanol in SunSirs was 103.29 points, an increase of 0.39 points from the previous day, a decrease of 48.14% from the highest point of 199.16 points during the cycle (2020-04-13), and an increase of 117.54% from the lowest point of 47.48 points on August 8, 2021. (Note: The period refers to January 1, 2012 to present).

Analysis review

The upstream propylene market fluctuated and consolidated, the cost support of isooctanol weakened, the downstream plasticizer market fell, and the downstream purchasing enthusiasm weakened. The upward support for isooctanol had weakened, but downward pressure still existed.

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