Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong increased slightly this week. This week, the average ex factory price of isooctanol in Shandong rose from 10133.33 yuan / ton last weekend to 10766.67 yuan / ton this weekend, an increase of 6.25%, down 2.71% year-on-year compared with the same period last year. On the whole, Shandong isooctanol market rose slightly this week and showed a downward trend over the weekend. On January 9, the isooctanol commodity index was 79.17, unchanged from yesterday, down 42.42% from the highest point 137.50 in the cycle (2021-08-08), and up 125.23% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is strengthened and the downstream demand is weakened

From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong increased this week: Jianlan chemical offered about 10700 yuan / ton of isooctanol this weekend, which increased by 500 yuan / ton compared with last weekend, mainly contract; The quotation of lihuayi isooctanol this weekend is 10700 yuan / ton, an increase of 700 yuan / ton compared with last weekend; Hualu Hengsheng offered 10900 yuan / ton of isooctanol this weekend, up 700 yuan / ton compared with last weekend.

From the upstream raw material market of isooctanol, the propylene market rose slightly this week. The quotation increased from 7548.60 yuan / ton last weekend to 7850.80 yuan / ton this weekend, an increase of 4.00%, an increase of 7.21% over the same period last year. The market price of upstream raw materials rose slightly, and the cost support was strengthened. Affected by the supply and demand side, it had a positive impact on the price of isooctanol.

From the downstream market of isooctanol, the ex factory price of DOP rose slightly this week. DOP price rose from 9775.00 yuan / ton at the end of last week to 10275.00 yuan / ton at the end of this week, an increase of 5.12%, an increase of 3.53% over the same period last year., There is still a downward trend over the weekend. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for isooctanol procurement weakened.

Weak demand and bearish outlook

In mid and late January, the market trend of Shandong isooctanol may fluctuate slightly and decline mainly. Upstream propylene rose slightly and cost support strengthened, but downstream DOP market fell slightly, and downstream demand showed no signs of improvement. According to the isooctanol analysts of business society, the isooctanol market in Shandong may fluctuate slightly in the middle and late January.