Recent price trend of isooctanol

As can be seen from the figure above, the ex factory price of isooctanol in Shandong Province fell sharply this week. This week, the average ex factory quotation price of isooctanol in Shandong fell from 15933.33 yuan / ton at the beginning of the week to 15233.33 yuan / ton at the end of the week, a decrease of 4.39%, up 113.05% compared with the same period last year. Overall, the market of isooctanol fell sharply this week, with the isooctanol commodity index at 112.01 on June 18.

Downstream demand weakened, ISO octanol fell

From the manufacturer’s quotation, the factory quotation of Shandong’s mainstream ISO octanol manufacturers fell this week: Jianlan chemical’s quotation of ISO octanol this weekend was 15200 yuan / ton, down 600 yuan / ton compared with that at the beginning of the week; Lihuayi quoted 15200 yuan / ton of ISO octanol this weekend, down 600 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 15200 yuan / ton of ISO octanol this weekend, down 900 yuan / ton compared with the beginning of the week.

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of ISO octanol rose slightly this week, with the quotation rising from 7918.55 yuan / ton at the beginning of the week to 7927.64 yuan / ton at the end of the week, an increase of 0.11%, and a year-on-year increase of 16.15%. The price of raw materials in the upstream market rose slightly, affected by the supply and demand side, which had a positive impact on the price of isooctanol.

ISO octanol downstream market, DOP factory price fell sharply this week. DOP quotation fell from 13433.33 yuan / ton at the beginning of the week to 13000.00 yuan / ton at the end of the week, down 3.23%, up 79.72% year on year. The price of downstream DOP dropped sharply, the enthusiasm of downstream customers to purchase octanol decreased, and the demand for isooctanol weakened.

Insufficient demand and bearish outlook

In late June, the market trend of isooctanol in Shandong may fluctuate slightly. On the whole, the ISO octanol plants have been started in recent years, the overall operation rate of the ISO octanol industry has increased, the spot supply of ISO octanol is sufficient, but the downstream market is poor, the demand is weakened, and the supply exceeds the demand. As a result, isooctanol analysts from business news agency believe that in late June, the domestic market of isooctanol may fall slightly.