Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell sharply last week. Last week, the average ex factory price of mainstream isooctanol manufacturers in Shandong fell from 11233.33 RMB/ton last weekend to 9566.67 RMB/ton this weekend, a decrease of 14.84%, a year-on-year decrease of 36.92% compared with the same period last year.

Insufficient upstream support and weak downstream demand

From the manufacturer's quotation, the ex factory quotation of Shandong mainstream isooctanol manufacturers fell slightly last week: the octanol unit of Jianlan chemical is under maintenance; This weekend, the quotation of lihuayi isooctanol is 9500 RMB/ton, which is 1700 RMB/ton lower than that at the weekend two weeks ago; Hualu Hengsheng offered 9700 RMB/ton of isooctanol this weekend, down 1600 RMB/ton compared with the beginning of last week.

From the upstream raw material market of isooctanol, the propylene market fell slightly last week. The price fell from 7958.25 RMB/ton last weekend to 7813.25 RMB/ton this weekend, down 1.82%, basically the same as that of the same period last year. The market price of upstream raw materials fell slightly, and the cost support was insufficient. Affected by the supply and demand side, it had a negative impact on the price of isooctanol.

From the downstream market of isooctanol, the ex factory price of DOP fell sharply last week. The DOP price decreased from 11512.50 RMB/ton at the end of last week to 10200.00 RMB/ton at the end of last week, a decrease of 11.40%, a year-on-year decrease of 20.10% over the same period last year. Downstream DOP prices fell sharply, and downstream customers' enthusiasm for purchasing isooctanol weakened.

Insufficient upstream support, weak downstream demand, and outlook bearish for isooctanol

In the first ten days of July, the market price of Shandong isooctanol mainly fell in a small concussion. The upstream propylene market fell slightly, the cost support was insufficient, the downstream DOP market fell sharply, and the downstream demand weakened. According to the isooctanol analysts of the SunSirs, the short-term domestic isooctanol market may fluctuate slightly due to the influence of supply and demand, raw materials and other aspects

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