The price of isooctanol fluctuated and fell in April
According to the Commodity Market Analysis System of SunSirs, as of April 9th, the price of isooctanol was 7,600 RMB/ton, a fluctuating decrease of 1.94% compared to the price of 7,750 RMB/ton on April 1st. Isooctanol enterprises had stable equipment operation and sufficient supply from isooctanol manufacturers; Plasticizer manufacturers were operating at low levels, and demand for isooctanolwas weak. The downward pressure on isooctanol still existed, and the upward support was weakened.
Downstream plasticizer DOP prices fluctuated and fell in April
According to the Commodity Market Analysis System of SunSirs, as of April 9th, the DOP price was 8,192.50 RMB/ton, a fluctuating decrease of 1.16% from the April 1st DOP price of 8,288.75 RMB/ton. The stable operation of DOP plasticizer enterprises, sufficient plasticizer production, weak downstream demand for plasticizers, falling plasticizer prices, weakened downstream demand support for isooctanol, and increased downward pressure on isooctanol.
Market outlook
The octanol product data analyst of SunSirs believes that downstream demand was weak, isooctanol manufacturers were operating at high levels, isooctanol supply was sufficient, and isooctanol supply was increasing while demand was decreasing. It is expected that the price of isooctanol will fluctuate and fall in the future.
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