1、 Price trend

The factory price of isooctanol in Shandong Province fell this week. This week, the average price of isooctanol in Shandong Province dropped from 14700.00 yuan / ton at the beginning of the week to 13866.67 yuan / ton at the end of the week, down 5.67%, up 131.11% compared with the same period last year. Overall, the market of ISO octanol fell this week, with the commodity index of ISO octanol at 101.96 on March 19.

2、 Market analysis

In terms of manufacturers’ quotations, the factory quotations of mainstream ISO octanol manufacturers in Shandong fell this week: Jianlan chemical offered 13500 yuan / ton of ISO octanol this weekend, down 1500 yuan / ton compared with the beginning of the week; lihuayi offered 14000 yuan / ton of ISO octanol this weekend, up 300 yuan / ton compared with the beginning of the week; Hualu Hengsheng offered 14100 yuan / ton of ISO octanol this week, down 1500 yuan / ton compared with the beginning of the week Down 1300 yuan / ton.

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of ISO octanol fell slightly this week, with the quoted price falling from 8566.64 yuan / ton at the beginning of the week to 8466.64 yuan / ton at the end of the week, a decrease of 1.17%, and a year-on-year increase of 47.48%. The upstream raw material market prices fell slightly, affected by the supply and demand side, which had a negative impact on the price of isooctanol.

Isooctanol downstream market, this week DOP factory prices fell slightly. DOP quotation fell from 12525.00 yuan / ton at the beginning of the week to 12250.00 yuan / ton at the end of the week, down 2.20%, up 83.75% year on year. Downstream DOP prices fell, downstream customers’ enthusiasm for octanol procurement was general, and the demand for ISO octanol was general. The future market operators mostly wait and see the trend of DOP.

3、 Future forecast

In late March, the market trend of isooctanol in Shandong Province may fluctuate slightly and fall mainly. The upstream propylene market fell slightly, the raw material support was weak, the downstream DOP market fell slightly, the downstream purchasing enthusiasm weakened, and the supply of isooctanol was general. Isooctanol analysts of business society think: in late March, under the influence of supply and demand, raw materials and other aspects, the isooctanol market in Shandong may fall slightly.