In June, the price of isooctanol first fell and then rose

According to the Commodity Market Analysis System of Shengyishe, as of June 28th, the price of isooctanol was 9740 yuan/ton, a fluctuating decrease of 1.62% compared to the price of isooctanol on June 1st, which was 9900 yuan/ton; Compared to June 10th, the price of isooctanol decreased by 4.13% to 10160 yuan/ton. In June, the price of isooctanol first rose and then fell, and downstream factories faced difficulties in sales. Enterprises showed average enthusiasm for raw material procurement. Shandong’s large factories have average shipments, while the price of isooctanol has fluctuated and declined. Downstream purchases are mainly small orders. Isooctanol manufacturers have poor shipments, and downstream customers have a strong demand for procurement, increasing the pressure on the decline of isooctanol.

In June, the price of raw material propylene first rose and then fell

According to the propylene commodity market analysis system of Shengyishe, as of June 28th, the price of propylene was 7213.25 yuan/ton, a fluctuation increase of 5.23% compared to the price of propylene on June 1st, which was 6854.60 yuan/ton; Compared to June 17th, the price of propylene fluctuated and decreased by 1.16% at 7298.25 yuan/ton. Crude oil prices have fluctuated and risen, with increased support for propylene costs. In June, propylene prices first rose and then fell; Downstream production of propylene has decreased, downstream customers have just needed to purchase, and propylene manufacturers have average shipments. The supply and demand of the propylene market are weak, and the price of propylene is consolidating at a high level.

Downstream plasticizer prices fluctuated and fell in June

According to the Commodity Market Analysis System of Shengyishe, as of June 28th, the price of plasticizer DOP was 9875 yuan/ton, a fluctuating decrease of 2.35% compared to the DOP price of 10112.50 yuan/ton on June 1st; Compared to the DOP price of 10400 yuan/ton on June 10th, it has decreased by 5.05%. The market for plasticizer DOP raw material phthalic anhydride has fluctuated and fallen, the price of isooctanol has fallen, the cost of plasticizer DOP has decreased, plasticizer DOP enterprises are operating steadily, and the supply of plasticizer DOP is sufficient. Downstream manufacturers of plasticizers are experiencing a decline in production and poor demand. The downward pressure on plasticizers is increasing.

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 weakened; In terms of supply, iso octanol manufacturers have stable production and sufficient supply; In terms of demand, downstream plasticizer product prices of isooctanol have fluctuated and fallen, resulting in poor downstream demand in the future. Overall, the oversupply of isooctanol has weakened cost support, and it is expected that the price of isooctanol will fluctuate and fall in the future.