Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell sharply this week. This week, the mainstream ex factory average price of isooctanol in Shandong fell from 12033.33 yuan / ton last weekend to 10933.33 yuan / ton this weekend, down 1100 yuan / ton, down 9.14%, up 14.69% year-on-year compared with the same period last year. Overall, Shandong isooctanol market fell sharply this week. On December 5, the isooctanol commodity index was 80.39, unchanged from yesterday, down 41.53% from the highest point 137.50 in the cycle (2021-08-08), and up 128.71% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is weakened and the downstream demand is general

From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong fell this week: Jianlan chemical quoted about 11000 yuan / ton of isooctanol this weekend, which fell by 1000 yuan / ton compared with last weekend, dominated by contracts; The quotation of lihuayi isooctanol this weekend is 10800 yuan / ton, which is 1300 yuan / ton lower than that last weekend; Hualu Hengsheng offered 11000 yuan / ton of isooctanol this weekend, down 1000 yuan / ton compared with the beginning of the week.

From the upstream raw material market of isooctanol, the propylene market fell slightly this week. The quotation fell from 7742.33 yuan / ton last weekend to 7458.83 yuan / ton this weekend, a decrease of 3.66%, a year-on-year decrease of 3.57%. 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.

From the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. DOP price fell from 11612.50 yuan / ton last weekend to 10850.00 yuan / ton this weekend, down 6.57%, up 11.86% year-on-year 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 the first ten days of December, the market trend of Shandong isooctanol may fluctuate slightly and fall mainly. The upstream propylene fell slightly, the cost support weakened, while the downstream DOP market fell sharply, the downstream market continued to decline, and the demand was general. According to isooctanol analysts of business society, the domestic isooctanol market may fluctuate slightly in early December.