Isooctanol prices fluctuated and consolidated this week

According to the Commodity Market Analysis System of Shengyi Society, as of October 25th, the price of isooctanol was 9200 yuan/ton, which fluctuated and stabilized compared to the price of isooctanol on October 18th last weekend; Compared to October 1st, the price of isooctanol at 8706.67 yuan/ton first rose and then fell, with an increase of 5.67%. This week, the supply and demand of isooctanol are relatively balanced, with expected sales of orders from isooctanol manufacturers. The market support for isooctanol still exists, and the price of isooctanol is fluctuating and consolidating.

Downstream plasticizer DOP prices fluctuate and stabilize

According to the Commodity Market Analysis System of Shengyi Society, as of October 25th, the price of plasticizer DOP was 9226.25 yuan/ton, which fluctuated and increased by 0.14% compared to the DOP price of 9213.75 yuan/ton on October 18th last weekend; Compared to October 1st, the DOP price of 8988.75 yuan/ton first rose and then fell, with a 2.64% increase. The price of isooctanol is fluctuating and stabilizing, while the cost of DOP is temporarily stable. DOP manufacturers are selling orders, and downstream demand and procurement are generally active. The price of plasticizer DOP is relatively stable. Plasticizer demand support, octanol demand support still exists, and octanol prices are fluctuating and stabilizing.

Future expectations

The data analyst of Business Society’s octanol product believes that downstream customers have increased resistance to high priced isooctanol, and market purchasing enthusiasm is average, resulting in fluctuating and consolidating isooctanol prices; Isooctanol manufacturers are operating steadily, with sufficient supply of isooctanol. In the future, the supply and demand of isooctanol market are relatively balanced, and the price of isooctanol is consolidating.