Recent price trend of isooctanol

It can be seen from the above figure that the ex-factory price of isooctanol in Shandong Province fell slightly this week. This week, the average ex-factory price of isooctanol mainstream manufacturers in Shandong fell from 9733.33 yuan/ton at the end of last week to 9566.67 yuan/ton at the end of this week, a drop of 1.71%. Compared with the same period last year, it fell 11.15%. The isooctanol commodity index on January 8 was 70.34, which was the same as yesterday, down 48.84% from the highest point of 137.50 (2021-08-08) in the cycle, and up 100.11% from the lowest point of 35.15 on February 1, 2016. (Note: the period refers to September 1, 2011 to now)

The upstream support is general, and the downstream demand increases

From the manufacturer’s quotation, the ex-factory quotation of Shandong isooctanol mainstream manufacturers fell slightly this week.

From the perspective of the upstream raw material market of isooctanol, the propylene market rose slightly this week, with the price rising from 7244.60 yuan/ton at the end of last week to 7250.60 yuan/ton at the end of this week, up 0.08%, down 7.65% year-on-year. The market price of upstream raw materials rose slightly, and the cost support was general. Affected by the supply and demand side, it had a positive impact on the price of isooctanol.

From the downstream market of isooctanol, the factory price of DOP rose slightly this week. The price of DOP rose from 9750.00 yuan/ton at the end of last week to 9850.00 yuan/ton at the end of this week, up 1.03%, up 4.48% year-on-year. Downstream DOP prices rose slightly, and downstream customers actively increased their purchase of isooctanol.

Future prospects

In the middle and late January, the market price of isooctanol in Shandong Province may fluctuate slightly. The upstream propylene market rose slightly, with good cost support. Downstream DOP market rose slightly, and downstream demand increased. The isooctanol analyst of the business agency believes that the short-term domestic isooctanol market will probably rise slightly under the influence of supply and demand and raw materials.