1、 Price trend

This week, the factory price of isooctanol rose sharply in Shandong Province. This week, the average ex factory quotation price of isooctanol in Shandong increased from 11000.00 yuan / ton at the beginning of the week to 15000.00 yuan / ton at the end of the week, with an increase of 36.36%. Compared with the same period last year, the average ex factory quotation price of isooctanol increased by 128.43%. Overall, the market of ISO octanol rose this week, with the commodity index of ISO octanol at 110.29 on February 21.

2、 Market analysis

In terms of manufacturers’ quotations, the ex factory quotations of mainstream ISO octanol manufacturers in Shandong rose sharply this week: Jianlan chemical offered 15000 yuan / ton of ISO octanol this weekend, up 4000 yuan / ton compared with the beginning of the week; lihuayi offered 15000 yuan / ton of ISO octanol this weekend, up 4000 yuan / ton compared with the beginning of the week; Hualu Hengsheng offered 15000 yuan / ton of ISO octanol this week, up 4000 yuan / ton compared with the beginning of the week, The price has increased by 4000 yuan / ton.

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of ISO octanol rose sharply this week, with the quoted price rising from 7105.00 yuan / ton at the beginning of the week to 7540.91 yuan / ton at the end of the week, an increase of 6.14%, and a year-on-year increase of 19.44%. The price of raw materials in the upstream market rose sharply, affected by the supply and demand side, which had a positive impact on the price of isooctanol.

ISO octanol downstream market, DOP factory prices rose sharply this week. DOP quotation increased from 10050.00 yuan / ton at the beginning of the week to 11600.00 yuan / ton at the end of the week, with an increase of 15.42%, 60.37% over the same period of last year. The price of DOP in downstream increased, the enthusiasm of downstream customers for octanol procurement increased, and the demand for ISO octanol was better.

3、 Future forecast

In late February, the market trend of isooctanol in Shandong Province may fluctuate slightly. The upstream propylene market was consolidated at a high level, the raw material support was strong, the downstream DOP market rose slightly, the downstream purchasing enthusiasm was enhanced, and the supply of isooctanol was insufficient. Isooctanol analysts from business news agency think: in late February, under the influence of supply and demand, raw materials and other aspects, the market of isooctanol in Shandong may rise slightly.