In May, the price of isooctanol rose by 1.08% due to volatility

As can be seen from the above figure, the ex factory price of Shandong isooctanol rose in a narrow range this month, from 12333.33 yuan / ton at the beginning of the month to 12466.67 yuan / ton at the end of the month, an increase of 1.08%. Compared with the same period last year, it decreased by 15.00%.

 

Azodicarbonamide (AC foaming Agent)

On May 30, the isooctanol commodity index was 92.16, down 0.73 points from yesterday, down 32.97% from the highest point 137.50 in the cycle (2021-08-08), and up 162.19% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)

 

From the manufacturer’s quotation, the prices of mainstream isooctanol manufacturers in Shandong rose slightly this month, and the manufacturer’s inventory was average.

 

Insufficient upstream support and general downstream demand

 

povidone Iodine

From the perspective of upstream and downstream industrial chains, the upstream propylene market rose first and then fell this month. The price fell from 8414.60 yuan / ton at the beginning of the month to 8070.60 yuan / ton at the end of the month, a decrease of 4.09%, a year-on-year increase of 3.72% compared with the same period last year. The cost support is insufficient. Downstream DOP prices rose in a narrow range, with a downward trend at the end of the month. The DOP price rose from 11775.00 yuan / ton at the beginning of the month to 11912.00 yuan / ton at the end of the month, an increase of 1.17% and a year-on-year decrease of 6.20% compared with the same period last year. The downstream market rose slightly, and the downstream customers had good enthusiasm for purchasing isooctanol. On the whole, the upstream and downstream products had a negative impact on the price of isooctanol this month.

 

Slightly volatile decline in the future

 

In the middle and early June, the domestic isooctanol market may fluctuate slightly. The upstream propylene price has fallen slightly recently, and the cost support is insufficient. The downstream DOP market has a downward trend at the end of the month. The downstream purchasing enthusiasm for isooctanol has weakened, and the product trend has declined under the contradiction between supply and demand. According to the isooctanol analysts of business society, the domestic isooctanol market may suffer a small shock and decline in the short term under the influence of supply and demand, raw materials and other aspects.

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