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 12566.67 yuan / ton at the beginning of the week to 12300.00 yuan / ton at the end of the week, a decrease of 2.12%, a year-on-year decrease of 21.82% compared with the same period last year. On June 9, the isooctanol commodity index was 90.93, down 0.49 points from yesterday, down 33.87% from the highest point 137.50 in the cycle (2021-08-08), and up 158.69% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)

Weak upstream support and insufficient downstream demand

From the manufacturer’s quotation, the ex factory quotation of Shandong mainstream isooctanol manufacturers fell slightly this week: the octanol unit of Jianlan chemical industry is under maintenance; The quotation of lihuayi isooctanol this weekend is 12300 yuan / ton, which is 200 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng offered 12300 yuan / ton of isooctanol this weekend, down 400 yuan / ton compared with the beginning of the week.

From the upstream raw material market of isooctanol, the propylene market fell slightly this week. The price fell from 8080.60 yuan / ton last weekend to 7930.60 yuan / ton this weekend, down 1.86%, basically the same as that of 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. The DOP price fell from 11987.50 yuan / ton at the beginning of the week to 11925.00 yuan / ton at the end of the week, a decrease of 0.52%, and a year-on-year decrease of 11.01% compared with the same period last year. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for purchasing isooctanol weakened.

Weak upstream support, insufficient downstream demand, outlook bearish for isooctanol

In the middle of June, the market trend of Shandong isooctanol was dominated by a small fluctuation. The upstream propylene market fell slightly, the cost support weakened, the downstream DOP market fell slightly, and the downstream demand was average. According to the isooctanol analysts of the business society, the short-term domestic isooctanol market may fluctuate slightly due to the influence of supply and demand and raw materials.