As can be seen from the above figure, the factory price of isooctanol in Shandong has fluctuated and dropped sharply this month. The price of isooctanol dropped from 9200.00 yuan/ton at the beginning of the month to 9166.67 yuan/ton at the end of the month, a drop of 0.36%. A year-on-year decrease of 23.61%.

On November 29, the isooctanol commodity index was 67.40, down 1.72 points from yesterday, down 50.98% from the cycle’s highest point of 137.50 (2021-08-08), and up 91.75% from the lowest point of 35.15 on February 1, 2016. (Note: Period refers to 2011-09-01 to now)

From the manufacturer’s quotation, the price of mainstream isooctanol manufacturers in Shandong rose first and then fell this month, and the manufacturer’s inventory was average.

The upstream support is increased, and the downstream demand is general

From the perspective of upstream and downstream industrial chains, the upstream propylene market rose slightly this month, with the propylene price rising from 7036.00 yuan/ton at the beginning of the month to 7540.60 yuan/ton at the end of the month, an increase of 7.16%. Compared with the same period last year, it fell 1.01% year on year. The cost support increased, which had a positive impact on the price of isooctanol. Downstream DOP prices fell in shock. The DOP price dropped from 10150.00 yuan/ton at the beginning of the month to 10000.00 yuan/ton at the end of the month, a drop of 1.48%, 13.23% YoY compared with the same period last year. Downstream market fell slightly, and downstream customers’ purchasing enthusiasm for isooctanol weakened.

The market rose slightly after shocks

In the first ten days of December, the domestic isooctanol market may rise by a small amplitude, mainly finishing. The upstream propylene price rose slightly, the cost support increased, the downstream DOP market fell slightly, and there was an upward trend at the end of the month. The downstream manufacturers were generally enthusiastic about purchasing isooctanol, and the product trend rose under the contradiction between supply and demand. The isooctanol analysts from the business community believe that the domestic isooctanol market may rise slightly due to the impact of supply and demand, raw materials and other aspects in the short term.