Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell first and then rose this week. The average ex factory price of mainstream isooctanol manufacturers in Shandong this week was 12833.33 yuan / ton. Compared with the same period last year, it increased by 4.90% year-on-year. On April 10, the isooctanol commodity index was 94.36, unchanged from yesterday, down 31.37% from the highest point 137.50 in the cycle (2021-08-08), and up 168.45% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is good and the downstream demand is weakened

From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong this week is temporarily stable: the octanol unit of Jianlan chemical is under maintenance; The quotation of lihuayi isooctanol this weekend is 12700 yuan / ton, which is 100 yuan / ton higher than that at the beginning of the week; Hualu Hengsheng offered 13000 yuan / ton of isooctanol this weekend, down 100 yuan / ton compared with the beginning of the week.

From the upstream raw material market of isooctanol, the propylene market rose slightly this week. The quotation increased from 8230.80 yuan / ton at the beginning of the week to 8494.60 yuan / ton at the end of the week, an increase of 3.21%, an increase of 3.73% year-on-year over the same period last year. The market price of upstream raw materials rose slightly and the cost support was good. Affected by the supply and demand side, it had a positive impact on the price of isooctanol.

From the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. The DOP price fell from 12300.00 yuan / ton at the beginning of the week to 12250.00 yuan / ton at the end of the week, a decrease of 0.41%, and a year-on-year increase of 7.22%. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for isooctanol procurement weakened.

The upstream support is good, the downstream demand is weakened, and isooctanol is bearish in the future

In the middle of April, the market trend of Shandong isooctanol may fluctuate slightly, mainly falling. The upstream propylene market rose slightly and the cost support was good, but the downstream DOP market fell slightly and the downstream demand weakened. The isooctanol analyst of business society believes that the short-term domestic isooctanol market may fluctuate and decline slightly under the influence of supply and demand, raw materials and other aspects.