This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of March 7th, the price of isooctanol was 7466.67 yuan/ton, a fluctuating decrease of 2.61% compared to the price of 7666.67 yuan/ton on March 1st. There is a significant increase in production capacity of isooctanol, leading to an increase in supply from isooctanol manufacturers; Plasticizer manufacturers are operating at low levels, resulting in a decrease in plasticizer production and a decrease in demand for isooctanol, leading to increased downward pressure on isooctanol.

Downstream plasticizer DOP prices fluctuated and fell this week

According to the Commodity Market Analysis System of Shengyi Society, as of March 7th, the DOP price was 8138.75 yuan/ton, a fluctuating decrease of 2.25% compared to the DOP price of 8326.25 yuan/ton on March 1st. The low operating rate of DOP plasticizer enterprises has led to a decrease in plasticizer production, a decrease in demand for isooctanol, and increased downward pressure on isooctanol.

Future expectations

According to the data analyst of Shengyi Society’s octanol products, downstream demand has decreased and the price of isooctanol has fluctuated and fallen. In the future, the operating load of plasticizer DOP enterprises will decrease, the production of plasticizers will decrease, and the demand for isooctanol will decrease. It is expected that the price of isooctanol will fluctuate and fall in the future.