1、 Price trend

As can be seen from the figure above, the ex factory price of isooctanol in Shandong Province rose this week. This week, the average price of isooctanol in Shandong Province rose from 13233.33 yuan / ton at the beginning of the week to 13900.00 yuan / ton at the end of the week, up 5.04%, 143.86% year on year compared with the same period last year. Overall, the market of ISO octanol rose this week, with the commodity index of ISO octanol at 102.21 on April 23.

2、 Market analysis

In terms of manufacturers’ quotations, the factory quotations of mainstream ISO octanol manufacturers in Shandong rose this week: Jianlan chemical’s quotation of ISO octanol this weekend was 13900 yuan / ton, up 700 yuan / ton compared with that at the beginning of the week; Lihuayi quoted 13900 yuan / ton of isooctanol this weekend, up 700 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 13900 yuan / ton of isooctanol this week, up 600 yuan / ton from the beginning of the week.

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 8471.18 yuan / ton at the beginning of the week to 8604.91 yuan / ton at the end of the week, up 1.58%, 45.95% 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 from 11825.00 yuan / ton at the beginning of the week to 12125.00 yuan / ton at the end of the week, with an increase of 2.54%, and a year-on-year increase of 94.52%. Downstream DOP prices rose slightly, downstream customers had a good enthusiasm for octanol procurement, and the demand for ISO octanol was good. 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.