Decreased production and weak demand. Isooctanol prices remained high and consolidated in July

According to the Commodity Market Analysis System of Shengyi Society, as of July 29th, the price of isooctanol was 7600 yuan/ton, fluctuating and consolidating from the high of 7550 yuan/ton on July 1st, with an increase of 0.66%. In July, the price of isooctanol stabilized at a high level, and there was an increase in equipment maintenance for isooctanol enterprises. The operating rate of isooctanol equipment slightly decreased to less than 80%, resulting in a decrease in isooctanol production and supply; Downstream plasticizer companies have seen a decline in production, resulting in a decrease in demand for isooctanol and weak supply and demand. As a result, the price of isooctanol has fluctuated and consolidated at a high level.

Sulfamic acid 

Downstream plasticizer DOP prices fluctuate and fall
According to the Commodity Market Analysis System of Shengyi Society, as of July 29th, the DOP price was 7967.50 yuan/ton, a fluctuating decrease of 3.53% compared to the DOP price of 8259.17 yuan/ton on July 1st. In July, DOP production decreased, plasticizer production decreased, and plasticizer prices fluctuated and fell. The production of plasticizers has decreased, the demand for isooctanol is weak, and the price of isooctanol has risen to support the decline.
In July, DOP enterprises saw a significant decrease in construction, with the construction rate dropping from 60% in June to around 40% in mid month, and slowly recovering in late month. Overall, DOP production decreased in July, plasticizer production decreased, demand for isooctanol was weak, and the price of isooctanol supported the decline. With the resumption of DOP production in the latter half of the year, DOP production has increased, and demand for isooctanol has rebounded. It is expected that there will be increased support for the rise of isooctanol in the future market.
Future expectations
According to the data analyst of Shengyi Society’s octanol product, in terms of demand, the start of DOP equipment for plasticizer companies decreased in July, resulting in a decrease in DOP production and a decrease in demand for isooctanol. As plasticizer companies resume production, the demand for isooctanol will rebound, and the support for the future rise of isooctanol will increase; On the supply side, the equipment operation of isooctanol enterprises has decreased, and the supply of isooctanol has decreased. Overall, it is expected that the supply of isooctanol will decrease and demand will recover, and the price of isooctanol is expected to fluctuate and rise in the future.

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