Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong this week was temporarily stable. The average ex factory quotation of isooctanol mainstream in Shandong this week was 17366.67 yuan / ton, a year-on-year increase of 145.02% over the same period last year. Overall, the isooctanol market was temporarily stable this week, and the isooctanol commodity index was 127.70 on September 3.

The downstream demand is weakened and the supply of isooctanol is tight

From the manufacturer’s quotation, the ex factory quotation of Shandong mainstream isooctanol manufacturers this week is temporarily stable: Jianlan chemical’s isooctanol unit is shut down for maintenance this week; The price of isooctanol quoted by lihuayi this weekend is 17200 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Hualu Hengsheng offered 17500 yuan / ton of isooctanol this weekend, which was temporarily stable compared with that at the beginning of the week.

From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isooctanol fell slightly this week. The quotation fell from 7775.82 yuan / ton at the beginning of the week to 7617.57 yuan / ton at the end of the week, down 2.04%, up 6.20% year-on-year compared with the same period last year. The market price of upstream raw materials fell slightly, which had a negative impact on the price of isooctanol due to the impact of supply and demand.

In the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. DOP quotation fell from 14762.50 yuan / ton at the beginning of the week to 14737.50 yuan / ton at the end of the week, an increase of 0.17%, an increase of 110.54% over the same period last year. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for isooctanol procurement weakened.

Weak demand and bearish outlook

In mid and early September, the market trend of Shandong isooctanol may fluctuate slightly. On the whole, in the recent overhaul of some isooctanol units, the overall operating rate of the isooctanol industry decreased slightly, but the upstream support is limited, the downstream market is general, and the demand is weakened. Therefore, the isooctanol analysts of business society believe that the domestic isooctanol market may fluctuate slightly in the middle and early September.