The price of isooctanol fluctuated and fell this week

The price of isooctanol fluctuated and fell this week

According to the Commodity Market Analysis System of Business Society, as of June 14th, the price of isooctanol was quoted at 10040 yuan/ton, a fluctuation of 1.18% compared to the price of isooctanol on June 7th at 10160 yuan/ton. This week, the price of isooctanol has fluctuated and fallen, and downstream factories are facing difficulties in sales. Enterprises have average enthusiasm for raw material procurement. Shandong’s large factories have average shipments, while the price of isooctanol has declined narrowly, with downstream purchases mainly focused on small orders.

This week, the price of raw material propylene rose first and then fell

According to the propylene commodity market analysis system of Shengyishe, as of June 14th, the propylene price was quoted at 6993.25 yuan/ton, an increase of 1.14% compared to the fluctuating price of 6914.6 yuan/ton on June 7th; The price of propylene decreased by 0.21% compared to 7008.25 yuan/ton on June 12th. Crude oil prices fluctuate and consolidate, while propylene cost support still exists. This week, propylene prices first rose and then fell; Downstream production of propylene has decreased, downstream customers have just needed to purchase, propylene manufacturers have average shipments, the supply and demand of propylene market are weak, and propylene prices are fluctuating and consolidating.

Downstream plasticizer prices have fluctuated and fallen this week

According to the Commodity Market Analysis System of Shengyishe, as of June 14th, the price of plasticizer DOP was 10250 yuan/ton, a fluctuation decrease of 1.44% compared to the DOP price of 10400 yuan/ton on June 7th. The market for plasticizer raw material phthalic anhydride has declined, the price of isooctanol has fluctuated and fallen, the cost of plasticizers has decreased, plasticizer DOP enterprises are operating steadily, and the supply of plasticizer DOP is sufficient. Downstream construction is expected to rise, while demand is expected to rebound. The support for the rise of plasticizers still exists.

Future expectations

According to analysts from Business Society’s octanol product data, in terms of cost, the price of propylene first rose and then fell, while the cost support for isooctanol still exists; On the supply side, iso octanol manufacturers have low inventory and average shipments; In terms of demand, downstream plasticizer product prices of isooctanol have fluctuated and fallen, and downstream demand is expected to rebound in the future. Overall, the tight supply and demand for isooctanol are expected to rebound, while cost support remains. It is expected that the price of isooctanol will consolidate strongly in the future.