This week, the price of isooctanol fluctuated and rose

According to the Commodity Market Analysis System of Shengyi Society, as of November 18th, the price of isooctanol was 9633.33 yuan/ton, a fluctuating increase of 3.96% compared to the price of 9266.67 yuan/ton on November 10th. This week, the operating load of isooctanol enterprises decreased, the supply of isooctanol decreased, and the price of isooctanol fluctuated and rose. The supply of isooctanol has decreased and demand has remained stable. The market support for isooctanol still exists, and the price of isooctanol has fluctuated and risen.

Reduced supply of isooctanol

The operating load of isooctanol enterprises has decreased, and the supply of isooctanol has decreased. Lihua Yi Enterprise’s octanol equipment has been shut down, resulting in a decrease in the supply of isooctanol in the market and increased support for its upward trend.

Downstream plasticizer DOP prices fluctuate and rise

According to the Commodity Market Analysis System of Shengyi Society, as of November 18th, the DOP price was 9438.75 yuan/ton, a fluctuating increase of 2.16% compared to the DOP price of 9238.75 yuan/ton on November 10th. The demand for plasticizer DOP is stable, and the price of plasticizer DOP fluctuates and rises. The operating rate of downstream plasticizer enterprises is stable, and the demand for isooctanol by plasticizers is stable. The demand support for isooctanol still exists.

Future expectations

The data analyst of Business Society’s octanol product believes that the operating load of isooctanol enterprises has decreased, the supply of isooctanol has decreased, and the support for the rise of isooctanol has increased; Downstream plasticizer manufacturers are operating at a high level, and the demand for isooctanol is stable. In the future, with the resumption of production and sufficient supply of isooctanol, the supply and demand of isooctanol will be relatively balanced, and the price of isooctanol will stabilize.