Recent price trend of isooctanol

As can be seen from the above figure, the factory price of isooctanol in Shandong Province rose slightly this week. This week, the average ex factory price of mainstream isooctanol manufacturers in Shandong increased from 9133.33 yuan/ton at the weekend to 9666.67 yuan/ton at the weekend, up 5.84%. A year-on-year decrease of 4.61%. On December 18, the isooctanol commodity index was 71.08, unchanged from yesterday, down 48.31% from the highest point of 137.50 (2021-08-08) in the cycle, and up 102.22% from the lowest point of 35.15 on February 1, 2016. (Note: Period refers to 2011-09-01 to now)

The upstream support is good, and the downstream demand increases

From the manufacturer’s quotation, the factory quotation of Shandong mainstream isooctanol manufacturers rose slightly this week.

From the perspective of the upstream raw material market of isooctanol, the propylene market rose slightly this week, with the price rising from 7434.60 yuan/ton at the weekend to 7608.60 yuan/ton at the weekend, up 2.34%, down 2.35% year-on-year. The upstream raw material market price rose slightly, with good cost support. Affected by the supply and demand, it has a positive impact on the price of isooctanol.

From the downstream market of isooctanol, the DOP factory price rose slightly this week. The DOP price rose from 9761.00 yuan/ton at the end of last week to 9960.00 yuan/ton at the end of this week, an increase of 2.04% and 3.48% year-on-year. Downstream DOP prices rose slightly, and downstream customers actively increased their purchase of isooctanol.

Future outlook

In late December, the market of isooctanol in Shandong Province fell mainly due to slight fluctuations. The upstream propylene market fell slightly over the weekend, with insufficient cost support. Downstream DOP market declined slightly, and downstream demand weakened. According to the isooctanol analysts of the business community, the short-term domestic isooctanol market may fall slightly due to the influence of supply and demand, raw materials and other aspects.