Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong rose sharply this week. This week, the average ex factory price of isooctanol in Shandong rose from 12066.67 yuan / ton last weekend to 13900.00 yuan / ton this weekend, an increase of 15.19%. Compared with the same period last year, it increased by 26.36% year-on-year. On the whole, Shandong isooctanol market rose sharply this week and showed a downward trend over the weekend. On February 13, the isooctanol commodity index was 102.21, unchanged from yesterday, down 25.67% from the highest point 137.50 in the cycle (2021-08-08), and up 190.78% 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 has been strengthened and the downstream demand has improved

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 14000 yuan / ton of isooctanol this weekend, which increased by 2200 yuan / ton compared with last weekend, mainly contract; The quotation of lihuayi isooctanol this weekend is 13700 yuan / ton, an increase of 1900 yuan / ton compared with last weekend; Hualu Hengsheng offered 14000 yuan / ton of isooctanol this weekend, an increase of 1400 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 7750.80 yuan / ton last weekend to 8270.60 yuan / ton this weekend, an increase of 6.71%, an increase of 17.15% year-on-year over the same period last year, and there was a downward trend at the weekend. 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. The DOP price rose from 11425.00 yuan / ton last weekend to 12950.00 yuan / ton this weekend, an increase of 13.35%, an increase of 28.86% over the same period last year, and there was a downward trend at the weekend. Downstream DOP prices rose slightly, and downstream customers were more enthusiastic about purchasing isooctanol.

Weak demand and bearish outlook

In the middle and late February, the market trend of Shandong isooctanol may fluctuate slightly, mainly falling. The upstream propylene fell slightly over the weekend, the cost support weakened, the downstream DOP market fell slightly, and the downstream demand was general. The isooctanol analyst of business society believes that the isooctanol market in Shandong may fluctuate slightly in mid and late February.