Recent price trend of isooctanol
It can be seen from the above figure that the ex-factory price of isooctanol in Shandong Province rose slightly this week. This week, the average ex-factory price of isooctanol mainstream manufacturers in Shandong increased from 10533.33 yuan/ton at the end of last week to 10666.67 yuan/ton at the end of this week, up 1.27%. Compared with the same period last year, it fell 11.60% year-on-year. The isooctanol commodity index on February 5 was 78.43, which was the same as yesterday, down 42.96% from the highest point of 137.50 (2021-08-08) in the cycle, and up 123.13% from the lowest point of 35.15 on February 1, 2016. (Note: the period refers to September 1, 2011 to now)
The upstream support is weakened, and the downstream demand is better
From the manufacturer’s quotation, the ex-factory quotation of Shandong isooctanol mainstream manufacturers rose slightly this week.
From the perspective of the upstream raw material market of isooctanol, the propylene market fell slightly this week, with the price falling from 7670.60 yuan/ton at the end of last week to 7538.25 yuan/ton at the end of this week, down 1.73%, down 2.74% year-on-year. The market price of upstream raw materials fell slightly, and the cost support weakened. Affected by the supply and demand side, it had a negative impact on the price of isooctanol.
From the downstream market of isooctanol, the factory price of DOP rose slightly this week. The price of DOP rose from 10220.00 yuan/ton at the end of last week to 10710.00 yuan/ton at the end of this week, up 4.79%, down 6.26% year-on-year. Downstream DOP prices rose slightly, and downstream customers actively increased their purchase of isooctanol.
In the middle and late February, the market price of isooctanol in Shandong Province was mainly subject to small fluctuations. The upstream propylene market fell slightly and cost support weakened. Downstream DOP market has a downward trend, and downstream demand has weakened. The isooctanol analyst of the business agency believes that the short-term domestic isooctanol market may fall mainly due to small fluctuations under the influence of supply and demand and raw materials.