Recent price trend of isooctanol

As can be seen from the figure above, the ex factory price of isooctanol in Shandong Province fell first and then rose this week. This week, the average price of isooctanol in Shandong Province first dropped from 14666.67 yuan / ton on May 31 to 14066.67 yuan / ton on May 31, a sharp increase of 4.09%, and then rose to 14633.33 yuan / ton on June 4, an increase of 4.03%, a year-on-year increase of 115.72%. On the whole, the market of isooctanol fell slightly this week, and there was an upward trend in the single weekend. The commodity index of isooctanol on June 4 was 109.80.

Maintenance is later than expected, supply is still insufficient

From the manufacturer’s quotation, the factory quotation of Shandong’s mainstream ISO octanol manufacturers fell this week: Jianlan chemical’s quotation of ISO octanol this weekend was 14600 yuan / ton, which was temporarily stable compared with that at the beginning of the week; Lihuayi’s offer of ISO octanol this weekend is 14600 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Hualu Hengsheng quoted 14700 yuan / ton of ISO octanol this week, down 100 yuan / ton compared with the beginning of the week. The maintenance of ISO octanol plant is later than expected, the overall operation rate of ISO octanol industry is insufficient, and the spot supply of ISO octanol is in short supply.

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of ISO octanol rose sharply this week, with the quoted price rising from 7781.27 yuan / ton at the beginning of the week to 8034.91 yuan / ton at the end of the week, an increase of 3.26%, and a year-on-year increase of 16.34%. The price of raw materials in the upstream market rose sharply, affected by the supply and demand side, which had a positive impact on the price of isooctanol.

Isooctanol downstream market, DOP factory price high consolidation this week. DOP quotation fell from 12700.00 yuan / ton at the beginning of the week to 12650.00 yuan / ton at the end of the week, a decrease of 0.39%, up 77.34% over the same period of last year. The downstream DOP price was high, the downstream customers had a good enthusiasm for octanol procurement, and the demand for isooctanol was strong.

Short supply and bullish outlook

In early June, the market trend of isooctanol in Shandong may rise slightly. Overall, the recent resumption of production of ISO octanol plant is later than expected, the overall operation rate of ISO octanol industry is insufficient, the spot supply of ISO octanol is in short supply, and the downstream market is good, the demand is strong, and the supply exceeds the demand. As a result, isooctanol analysts from business news agency believe that the domestic market of isooctanol may rise slightly in early June.