Recent price trend of isooctanol

As can be seen from the figure above, the ex factory price of isooctanol in Shandong Province rose sharply this week. This week, the average ex factory quotation price of isooctanol in Shandong increased from 14933.33 yuan / ton at the beginning of the week to 15933.33 yuan / ton at the end of the week, up 6.70%, 127.62% year-on-year compared with the same period last year. Overall, the market of ISO octanol rose sharply this week, with the commodity index of ISO octanol at 117.16 on June 11.

Maintenance is later than expected, supply is still insufficient

In terms of manufacturers’ quotations, the factory quotations of mainstream ISO octanol manufacturers in Shandong rose this week: Jianlan chemical’s quotation of ISO octanol this weekend was 15800 yuan / ton, up 1200 yuan / ton compared with that at the beginning of the week; Lihuayi offered 15800 yuan / ton of ISO octanol this weekend, up 1100 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 16200 yuan / ton of ISO octanol this weekend, up 700 yuan / ton from 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 fell slightly this week. The quoted price dropped from 8061.27 yuan / ton at the beginning of the week to 7918.55 yuan / ton at the end of the week, with a decrease of 1.77%, and a year-on-year increase of 19.58%. The upstream raw material market prices fell slightly, affected by the supply and demand side, which had a negative impact on the price of isooctanol.

ISO octanol downstream market, DOP factory prices rose sharply this week. DOP quotation increased by 4.68% from 12833.33 yuan / ton at the beginning of the week to 13433.33 yuan / ton at the end of the week, up 88.32% over the same period of last year. The downstream DOP price rose sharply, the downstream customers had a good enthusiasm for octanol procurement, and the demand for isooctanol was strong.

Short supply and bullish outlook

In the middle of 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. Therefore, isooctanol analysts from business news agency believe that the domestic isooctanol market may rise slightly in mid June.