Recent price trend of isooctanol
As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell slightly this week. This week, the average ex factory price of mainstream isooctanol manufacturers in Shandong fell from 12833.33 yuan / ton last weekend to 12166.67 yuan / ton this weekend, down 5.19%. Compared with the same period last year, it decreased by 2.67% year-on-year. On April 17, the isooctanol commodity index was 89.46, unchanged from yesterday, down 34.94% from the highest point 137.50 in the cycle (2021-08-08), and up 154.51% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)
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The upstream support is weakened and the downstream demand is general
From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong decreased slightly this week: the octanol unit of Jianlan chemical is under maintenance; The quotation of lihuayi isooctanol this weekend is 12100 yuan / ton, which is 600 yuan / ton lower than that last weekend; Hualu Hengsheng offered 12300 yuan / ton of isooctanol this weekend, down 700 yuan / ton compared with last weekend.
From the upstream raw material market of isooctanol, the propylene market fell first and then rose this week. The quotation fell from 8494.60 yuan / ton last weekend to 8441.00 yuan / ton this weekend, down 0.63%, up 2.05% year-on-year compared with the same period last year. The market price of upstream raw materials fell slightly and the cost support was insufficient. Affected by the supply and demand side, it had a negative impact on the price of isooctanol.
From the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. DOP prices fell from 12250.00 yuan / ton last weekend to 11837.50 yuan / ton this weekend, down 3.37%, up 3.61% year-on-year over the same period last year. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for isooctanol procurement weakened.
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The upstream support improved slightly, the downstream demand was general, and isooctanol was bullish in the future
In the middle and late April, the market trend of Shandong isooctanol may fluctuate slightly and rise mainly. The upstream propylene market showed an upward trend over the weekend, with good cost support. 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 rise slightly under the influence of supply and demand and raw materials.
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