Recent price trend of isooctanol

It can be seen from the above figure that the ex-factory price of isooctanol in Shandong Province fell slightly this week. This week, the average ex-factory price of isooctanol mainstream manufacturers in Shandong fell from 9733.33 yuan/ton at the end of last week to 9500.00 yuan/ton at the end of this week, a decrease of 2.40%. Compared with the same period last year, it fell 26.92% year-on-year. The isooctanol commodity index on February 19 was 69.85, which was the same as yesterday, down 49.20% from the highest point of 137.50 (2021-08-08) in the cycle, and up 98.72% from the lowest point of 35.15 on February 1, 2016. (Note: the period refers to September 1, 2011 to now)

Insufficient upstream support and weaker downstream demand

From the manufacturer’s quotation, the ex-factory quotation of Shandong isooctanol mainstream manufacturers fell slightly this week.

From the perspective of the upstream raw material market of isooctanol, the propylene market fell slightly this week. The price fell from 7558.25 yuan/ton at the end of last week to 7513.25 yuan/ton at the end of this week, down 0.60%, down 7.31% year-on-year. The market price of upstream raw materials fell slightly, and the cost support weakened. Affected by the supply and demand side, it had a negative impact on the price of isooctanol.

From the downstream market of isooctanol, the factory price of DOP rose first and then fell this week. The price of DOP dropped by 1.29% from 10050.00 yuan/ton at the end of last week to 9920.00 yuan/ton at the end of this week, down 20.80% year-on-year. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for isooctanol procurement weakened.

Future prospects

In late February, the market price of isooctanol in Shandong Province was mainly subject to small fluctuations. The upstream propylene market fell slightly and the cost support was insufficient. Downstream DOP market fell slightly, and downstream demand weakened. The isooctanol analyst of the business agency believes that the short-term domestic isooctanol market may fall mainly due to small fluctuations under the influence of supply and demand and raw materials.