Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell sharply this month. This month, the average ex factory quotation price of isooctanol mainstream in Shandong fell from 17366.67 yuan / ton at the beginning of the month to 12000.00 yuan / ton at the end of the month, down 5366.67 yuan / ton, down 30.90%, up 61.44% year-on-year compared with the same period last year. Overall, the isooctanol market fell this month, and the isooctanol commodity index was 88.24 on September 29.

The downstream demand is weakened and the supply of isooctanol is tight

From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong fell this month: the price of Jianlan chemical at the end of the month was 12000 yuan / ton, which was 5400 yuan / ton lower than that at the beginning of the month; At the end of this month, the price of isooctanol offered by lihuayi was 12000 yuan / ton, which decreased by 5200 yuan / ton compared with that at the beginning of this month; Hualu Hengsheng quoted 12000 yuan / ton of isooctanol at the end of this month, down 5500 yuan / ton compared with the beginning of this month. From the k-column chart of isooctanol week, the decline of isooctanol in the first three weeks of September was small, and the decline in the fourth week was large. In the case of sharp decline in DOP price, the decline of isooctanol in a single week reached 5.92%.

From the upstream raw material market of isooctanol, the propylene market rose slightly this month. The quotation increased from 7688.55 yuan / ton at the beginning of the month to 8083.83 yuan / ton at the end of the month, an increase of 395.28 yuan / ton, an increase of 5.14%, and a year-on-year increase of 7.75%. In early September, the propylene market was not as good as expected. Due to the lack of gas in the downstream, propylene enterprises have increased the pressure to sell goods and give up profits. In the middle of September, the propylene market began to rise significantly, the downstream goods were actively prepared, the demand increased, and the price increased by 300-350 yuan / ton compared with the beginning of the month. In late September, the price was slightly corrected. Considering the downstream acceptance, the propylene price decreased by 50-100 yuan / ton. On the whole, the market price of upstream raw materials increased slightly, which had a positive impact on the price of isooctanol due to the impact of supply and demand.

From the downstream market of isooctanol, the ex factory price of DOP fell sharply this month. The DOP quotation decreased from 14737.50 yuan / ton at the beginning of the month to 12425.00 yuan / ton at the end of the month, down 2312.50 yuan / ton, down 15.69%, up 71.38% year-on-year over the same period last year. In September, many DOP enterprises stopped production or limited production due to the double control and limitation of energy consumption. By the end of September, the overall operating rate of the plasticizer industry was about 40%, the lowest operating rate in the year. Overall, downstream DOP prices fell sharply, and downstream customers’ enthusiasm for isooctanol procurement weakened.

Weak demand and bearish outlook

In mid and early October, the market trend of Shandong isooctanol may fluctuate slightly. With the start of the early maintenance unit, the overall operating rate of the isooctanol industry increased slightly, but the upstream support is limited, the downstream market is general, and the demand is weakened. The isooctanol analyst of business society believes that the domestic isooctanol market may fluctuate slightly in the middle and early October