The price of isooctanol in Shandong rose 2.38% (4.12-4.16) this week

1、 Price trend

 

EDTA

The factory price of isooctanol rose in Shandong this week. This week, the average ex factory quotation price of isooctanol in Shandong increased from 12600.00 yuan / ton at the beginning of the week to 12900.00 yuan / ton at the end of the week, with an increase of 2.38%. Compared with the same period last year, the average ex factory quotation price of isooctanol increased by 110.33%. Overall, the market of ISO octanol rose this week, with the commodity index of ISO octanol at 94.85 on April 16.

 

2、 Market analysis

 

In terms of manufacturers’ quotations, the factory quotations of mainstream ISO octanol manufacturers in Shandong rose this week: Jianlan chemical quoted 12900 yuan / ton of ISO octanol this weekend, up 300 yuan / ton compared with the beginning of the week; lihuayi quoted 12900 yuan / ton of ISO octanol this weekend, up 400 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 12900 yuan / ton of ISO octanol this week, up 300 yuan / ton compared with the beginning of the week Up 200 yuan / ton.

 

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of ISO octanol rose slightly this week, with the quotation rising from 8234.82 yuan / ton at the beginning of the week to 8321.18 yuan / ton at the end of the week, up 1.05%, 29.74% year-on-year. The price of raw materials in the upstream market rose slightly, affected by the supply and demand side, which had a positive impact on the price of isooctanol.

 

Isooctanol downstream market, DOP factory price rose slightly this week. DOP quotation increased by 0.43% from 11525.00 yuan / ton at the beginning of the week to 11575.00 yuan / ton at the end of the week, up 80.86% over the same period of last year. The price of DOP in the lower reaches was high and consolidated. The customers in the lower reaches were more active in purchasing octanol, and the demand for ISO octanol was better. The future market operators mostly watched the trend of DOP.

 

3、 Future forecast

 

In late April, the market trend of isooctanol in Shandong was mainly up in a small range. The upstream propylene market rose slightly, the raw material support was good, the downstream DOP market was consolidated at a high level, the downstream purchasing enthusiasm was normal, and the supply of isooctanol was normal. Isooctanol analysts of business society think: in late April, under the influence of supply and demand, raw materials and other aspects, the market of isooctanol in Shandong may rise slightly.

http://www.lubonchem.com/

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