Weak supply and demand, in June, the price of isooctanol fluctuated and consolidated

According to the Commodity Market Analysis System of Shengyi Society, as of June 30th, the price of isooctanol was 7550 yuan/ton, which has stabilized compared to the price of 7550 yuan/ton on June 1st. In June, the price of isooctanol fluctuated and consolidated, with many isooctanol enterprises undergoing maintenance, resulting in a decrease in the operating rate of isooctanol equipment, a reduction in isooctanol production, and a decrease in isooctanol supply; Downstream plasticizer companies have seen a decrease in production, leading to a decrease in demand for isooctanol and a double drop in supply and demand. As a result, the price of isooctanol has fluctuated and stabilized.

Thiourea

Downstream plasticizer DOP prices fluctuate and consolidate
According to the Commodity Market Analysis System of Shengyi Society, as of June 30th, the DOP price was 8259.17 yuan/ton, fluctuating and consolidating compared to the June 1st DOP price of 8250.83 yuan/ton, with an increase of 0.10%. In June, DOP production decreased, and the operating rate of the plasticizer industry dropped below 60%. DOP prices remained stable at a high level, resulting in a decrease in plasticizer production. The price of raw material isooctanol fluctuated and stabilized, while phthalic anhydride prices fluctuated and fell. The cost support for plasticizers decreased, and plasticizer prices fluctuated and stabilized.
Future expectations
According to the data analyst of Shengyi Society’s octanol product, in terms of demand, the equipment operation of plasticizer enterprises has decreased, the production of plasticizers has decreased, the demand for isooctanol is weak, and the support for isooctanol has weakened; In terms of supply, the operating rate of isooctanol enterprises has decreased to about 80%, resulting in a decrease in production and supply of isooctanol. In the future, with reduced supply and weak demand, the price of isooctanol will fluctuate and consolidate.

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