The factory price of isooctanol in Shandong fell sharply this month, from 9133.33 yuan/ton at the beginning of the month to 8933.33 yuan/ton at the end of the month, a decrease of 2.19%. A year-on-year drop of 25.56%.

On September 30, the isooctanol commodity index was 65.69, up 0.49 points from yesterday, down 52.23% from the cycle’s highest point of 137.50 (2021-08-08), and up 86.88% from the lowest point of 35.15 on February 1, 2016. (Note: Period refers to 2011-09-01 to now)

From the manufacturer’s quotation, the price of mainstream isooctanol manufacturers in Shandong rose first and then fell this month, and the manufacturer’s inventory was average.

The upstream support is increased, and the downstream demand is general

From the perspective of upstream and downstream industrial chains, the upstream propylene market rose slightly this month. The price of propylene rose from 7100.60 yuan/ton at the beginning of the month to 7620.60 yuan/ton at the end of the month, an increase of 7.32%. Compared with the same period last year, it fell 5.83% year on year. The cost support increased, which had a positive impact on the price of isooctanol. Downstream DOP prices fell first and then rose. The DOP price rose from 10050.00 yuan/ton at the beginning of the month to 10120.00 yuan/ton at the end of the month, an increase of 0.70%, and a year-on-year decrease of 18.22%. Downstream market rose slightly, and downstream customers became more active in purchasing isooctanol. On the whole, upstream and downstream products have a positive impact on the price of isooctanol this month.

The market rose slightly after shocks

In the first ten days of October, the domestic isooctanol market rose slightly, mainly finishing. The upstream propylene price rose slightly, with good cost support. The downstream DOP market rose slightly, and there was still an upward trend at the end of the month. The downstream manufacturers’ purchasing enthusiasm for isooctanol increased, and the product trend rose under the contradiction between supply and demand. The isooctanol analysts from the business community believe that the domestic isooctanol market may rise slightly due to the impact of supply and demand, raw materials and other aspects in the short term.