1、 Price trend

The factory price of isooctanol in Shandong Province fell this week. This week, the average price of isooctanol in Shandong Province dropped from 16100.00 yuan / ton at the beginning of the week to 15533.33 yuan / ton at the end of the week, down 3.52%, up 142.08% compared with the same period last year. Overall, the market of ISO octanol fell this week, with the commodity index of ISO octanol at 114.22 on March 5.

2、 Market analysis

In terms of manufacturers’ quotations, the factory quotations of Shandong’s mainstream ISO octanol manufacturers fell this week: Jianlan chemical’s quotation of ISO octanol this weekend was 15600 yuan / ton, down 700 yuan / ton compared with the beginning of the week; lihuayi’s quotation of ISO octanol this weekend was 15200 yuan / ton, down 300 yuan / ton compared with the beginning of the week; Hualu Hengsheng’s quotation of ISO octanol this week was 15800 yuan / ton, down 700 yuan / ton compared with the beginning of the week Down 700 yuan / ton.

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of ISO octanol fell slightly this week. The quoted price dropped from 8543.73 yuan / ton at the beginning of the week to 8372.73 yuan / ton at the end of the week, a decrease of 2.00%, up 26.04% compared with the same period last year. The upstream raw material market prices fell slightly, affected by the supply and demand side, which had a negative impact on the price of isooctanol.

Isooctanol downstream market, this week DOP factory prices fell slightly. DOP quotation fell from 13800.00 yuan / ton at the beginning of the week to 13175.00 yuan / ton at the end of the week, down 4.53%, up 84.70% over the same period of last year. Downstream DOP prices fell, downstream customers’ enthusiasm for octanol procurement was general, and the demand for ISO octanol was general. The future market operators mostly wait and see the trend of DOP.

3、 Future forecast

In the middle of March, the market trend of isooctanol in Shandong Province may fluctuate slightly and fall mainly. The upstream propylene market fell slightly, the raw material support was weak, the downstream DOP market fell slightly, the downstream purchasing enthusiasm weakened, and the supply of isooctanol was general. Isooctanol analysts of business society think: in mid March, under the influence of supply and demand, raw materials and other aspects, the market of isooctanol in Shandong may fluctuate slightly.