Recent price trend of isooctanol
| Azodicarbonamide (AC foaming Agent) |
As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell slightly this week. This week, the average ex factory quotation price of isooctanol mainstream in Shandong fell from 13466.67 yuan / ton at the beginning of the week to 12966.67 yuan / ton at the end of the week, down 500 yuan / ton, down 3.71%, up 78.03% year-on-year compared with the same period last year. Overall, the isooctanol market fell slightly this week, and there is a downward trend at the weekend.
Insufficient upstream support and weakening downstream demand
From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong fell this week: Jianlan chemical’s quotation of isooctanol this weekend was about 13100 yuan / ton, down 400 yuan / ton compared with that at the beginning of the week, dominated by contracts; The quotation of lihuayi isooctanol this weekend is 13000 yuan / ton, which is 400 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng offered 12800 yuan / ton of isooctanol this weekend, down 700 yuan / ton compared with the beginning of the week.
From the upstream raw material market of isooctanol, the propylene market fell sharply this week. The quotation fell from 8175.50 yuan / ton at the beginning of the week to 7717.17 yuan / ton at the end of the week, a decrease of 5.61%, an increase of 11.11% over 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.
| povidone Iodine |
From the downstream market of isooctanol, the ex factory price of DOP fell sharply this week. DOP quotation decreased from 12900.00 yuan / ton at the beginning of the week to 12225.00 yuan / ton at the end of the week, a decrease of 5.23%, an increase of 61.92% 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 November, the market trend of Shandong isooctanol may fluctuate slightly. The upstream propylene fell sharply, the cost support weakened, the downstream DOP began to decline slightly, the downstream market was general, and the demand weakened. Therefore, the isooctanol analysts of business society believe that the domestic isooctanol market may fluctuate slightly in the middle and late November.
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