After the holiday, the price of isooctanol rose sharply and then fell back

According to the Commodity Market Analysis System of Shengyi Society, as of October 12th, the price of isooctanol was 9233.33 yuan/ton, an increase of 6.05% compared to the price of 8706.67 yuan/ton on October 1st. Economic expectations are expected to rebound, and demand for isooctanol is expected to rebound. In addition, after the holiday, isooctanol stocks will be replenished, resulting in a significant increase in isooctanol prices. As the replenishment ends and the economic recovery falls short of expectations, demand is expected to decline, and the high price of isooctanol is expected to drop.

Downstream plasticizer DOP prices rise sharply before falling back

According to the Commodity Market Analysis System of Shengyi Society, as of October 12th, the price of plasticizer DOP was 9238.75 yuan/ton, which first increased and then decreased compared to the DOP price of 8988.75 yuan/ton on October 1st, with a growth rate of 2.78%. The post holiday economic recovery, coupled with the replenishment of plasticizers after the holiday, has led to an increase in demand for DOP and a rise in DOP prices. The operating rate of downstream plasticizer enterprises has increased, and the demand for isooctanol by plasticizers has increased; With the end of inventory replenishment and a decline in demand, coupled with a slower than expected economic recovery, the price of plasticizer DOP has fallen from a high level. The demand for octanol rose and then fell, and the price of octanol rose and then fell.

Future expectations

According to the data analyst of Shengyi Society’s octanol products, after the National Day holiday, favorable policies continue to be implemented, and economic expectations are expected to rebound. Influenced by macroeconomic policy sentiment, downstream customers have shown good enthusiasm for receiving goods. In addition, downstream customers have restocked, resulting in a temporary increase in transactions and a rise in octanol prices; As the price of octanol rises to a high level, downstream customers’ resistance to high prices increases, and market purchasing enthusiasm decreases, causing the price of octanol to fall back from its high level. In the future, it remains to be verified whether the policy can bring substantial improvement in the short term due to the impact of policies. The sentiment in the octanol market is relatively warm in the short term, but in the medium and long term, the market mainly affects prices through supply and demand. The supply and demand in the octanol market are relatively balanced, and the expected price of octanol is expected to consolidate.