The recent trend of isooctanol price

As can be seen from the above figure, the factory price of isooctanol in Shandong Province rose this week. This week, the average price of the mainstream factory quotation of isooctanol in Shandong Province rose from 16500.00 yuan / ton at the beginning of the week to 16700.00 yuan / ton at the weekend, up 1.21%, up 179.89% compared with the same period last year. Overall, the market for isooctanol rose this week, with the isooctanol commodity index of 122.79 on May 14.

Factory maintenance, insufficient supply, superimposed upstream support

From the manufacturer’s quotation, the factory quotation of Shandong mainstream ISO octanol manufacturers increased this week: the price of isooctanol of Jianlan Chemical Co., Ltd. was 16700 yuan / ton this weekend, which was 300 yuan / ton higher than that at the beginning of the week; Lihuayi offered 16600 yuan / ton of isooctanol this weekend, which was up 300 yuan / ton compared with the beginning of the week; Hualuhengsheng quoted 16800 yuan / ton of isooctanol this week, which is temporarily stable compared with that at the beginning of the week. Recently, there are many shutdown and maintenance of isooctanol units, the overall operating rate of isooctanol industry has declined, the spot supply of isooctanol is tight, and the market has been in short supply.

From the upstream and downstream industrial chain, the raw material market in the upstream of isooctanol was in a high position consolidation this week, with the quotation rising from 8313.91 yuan / ton at the beginning of the week to 8371.18 yuan / ton at the weekend, up 0.69%, up 26.83% compared with the same period last year. The upstream raw material market price rose slightly, which had a positive effect on the price of isooctanol due to the influence of supply and demand.

The downstream market of isooctanol, DOP factory prices rose slightly this week. DOP quotation rose from 13600.00 yuan / ton at the beginning of the week to 13725.00 yuan / ton at the weekend, up 0.92%, up 103.84% compared with the same period last year. The downstream DOP price rose slightly, downstream customers had a good enthusiasm for octanol procurement and better demand for isooctanol.

It will take time for plant plant to resume work, and the supply tension in isooctanol market will continue in the short term

In the late May, the market trend of isooctanol in Shandong rose slightly. Overall, the main reason for the recent rise in the price of isooctanol is the shutdown and maintenance of the unit and the insufficient supply of products. Although the price of isooctanol has reached the peak, it will take time for the plant to resume the plant, and the supply tension in the butanol market will continue in the short term. Therefore, analysts of isooctanol of business agency believe that in the middle of May, the domestic butanol market may fluctuate slightly, and the price may be lower in late May.