This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of September 22, the price of isooctanol was 6983.33 yuan/ton, a fluctuating decrease of 0.95% compared to the price of 7050 yuan/ton on September 14. This week, the isooctanol enterprise equipment remained stable at a high level, and the operating rate of isooctanol equipment remained stable at 96%. The production capacity of isooctanol increased, and the supply of isooctanol increased; Downstream plasticizer companies have stable production, but the demand support for isooctanol by plasticizers is limited. The increase in supply and demand support is limited, and the price of isooctanol has fluctuated and fallen.
Downstream plasticizer DOP prices fluctuate and fall
According to the Commodity Market Analysis System of Shengyi Society, as of September 22, the DOP price was 7450.84 yuan/ton, a fluctuating decrease of 0.78% compared to the DOP price of 7509.16 yuan/ton on September 15. DOP prices have fluctuated and fallen, while DOP companies have seen high levels of consolidation in their operating loads. The demand for isooctanol remains supported, and the price support for isooctanol still exists.
Future expectations
According to the data analyst of Business Society’s octanol product, on the supply side, the equipment operating load of isooctanol enterprises has been consolidating at a high level, coupled with the addition of new production capacity of isooctanol, the supply of isooctanol is sufficient. In terms of demand, DOP prices have fluctuated and fallen, with limited support for isooctanol demand. In the future, the increase in supply and demand support for isooctanol will be limited, and it is expected that the price of isooctanol will remain weak and consolidate.