SunSirs: Weak Demand, Isooctanol Prices Fluctuated and Fell Last Week

The price of isooctanol fluctuated and fell last week

According to the Commodity Market Analysis System of SunSirs, as of April 14th, the price of isooctanol was 7,466.67 RMB/ton, a fluctuating decrease of 4.88% compared to the price of 7,850 RMB/ton on April 4th. The production capacity of isooctanol enterprises has increased, with stable operation and sufficient supply from isooctanol manufacturers; Plasticizer manufacturers were operating at low levels, and demand for isooctanol was weak. The downward pressure on isooctanol still existed, and the upward support was weakened.

Downstream plasticizer DOP prices fluctuated and fell last week

According to the Commodity Market Analysis System of SunSirs, as of April 14th, the DOP price was 8,159.17 RMB/ton, a fluctuating decrease of 1.56% from the April 7th DOP price of 8,288.75 RMB/ton. The expected start-up of plasticizer DOP enterprises has decreased, the production of plasticizer DOP has decreased, the demand for isooctanol was weak, the support for isooctanol demand has weakened, and the downward pressure on isooctanol has increased.

Market outlook

According to the octanol productdata analyst of SunSirs , the expected production of plasticizer enterprises has decreased, downstream demand for isooctanol was weak, production capacity of isooctanol manufacturers has increased, isooctanol enterprises had stable production, and isooctanol supply was sufficient. Isooctanol had strong supply and weak demand. It is expected that the price of isooctanol will fluctuate and fall in the future.

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