SunSirs:On April 17th, the Isooctanol Market in Shandong Region Was Weak and Stabilized

Price trend

On April 16th, the commodity price index of propylene and isooctanol in SunSirs was 104.17 points, an increase of 0.47 points from the previous day, a decrease of 47.70% from the highest point of 199.16 points during the cycle (2020-04-13), and an increase of 119.40% from the lowest point of 47.48 points on August 8th, 2021. (Note: The period refers to January 1, 2012 to present).

According to the commodity analysis system of SunSirs, the average market price of isooctanol in Shandong on April 17th was 7,416.67 RMB/ton, which was temporarily stable compared to the previous trading day.

Analysis review

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

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.