Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell this week. This week, the average ex factory quotation price of isooctanol in Shandong fell from 18233.33 yuan / ton at the beginning of the week to 17800 yuan / ton at the end of the week, a decrease of 2.38%, a year-on-year increase of 156.12% compared with the same period last year. Overall, the isooctanol market fell this week, and the isooctanol commodity index was 130.88 on August 20.

Downstream demand weakened and isooctanol fell again

From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream isooctanol manufacturers in Shandong fell this week: Jianlan chemical offered 17900 yuan / ton of isooctanol this weekend, down 300 yuan / ton compared with the beginning of the week; The quotation of isooctanol at the end of this week was 17500 yuan / ton, which was 700 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng offered 18000 yuan / ton of isooctanol this weekend, down 300 yuan / ton compared with the beginning of the week.

From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isooctanol increased slightly this week. The quotation increased from 7702.18 yuan / ton at the beginning of the week to 7748.55 yuan / ton at the end of the week, an increase of 0.60%, an increase of 11.07% over the same period last year. The market price of upstream raw materials rose slightly, which had a positive impact on the price of isooctanol due to the impact of supply and demand.

In the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. DOP quotation decreased from 15175.00 yuan / ton at the beginning of the week to 14900.00 yuan / ton at the end of the week, a decrease of 1.18%, an increase of 112.86% over the same period last year. Downstream DOP prices fell slightly, downstream customers’ enthusiasm for octanol procurement weakened, and the demand for isooctanol weakened.

Weak demand and bearish outlook

In late August, the market trend of Shandong isooctanol may fluctuate slightly. On the whole, recently, isooctanol units have been started successively, the overall operating rate of the isooctanol industry has increased, the upstream support is limited, the downstream market is general, and the demand is weakened. Therefore, the isooctanol analysts of business society believe that the domestic isooctanol market may fluctuate slightly in late August.