Recent price trend of isooctanol

As can be seen from the figure above, the ex factory price of isooctanol in Shandong Province fell first and then rose this week. This week, the average ex factory price of mainstream isooctanol manufacturers in Shandong Province dropped from 9533.33 yuan/ton at the weekend to 9166.67 yuan/ton at the weekend, a drop of 3.85%. A year-on-year drop of 25.47%. On November 13, the isooctanol commodity index was 67.40, unchanged from yesterday, 50.98% lower than the cycle’s highest point of 137.50 (2021-08-08), and 91.75% higher than the lowest point of 35.15 on February 1, 2016. (Note: Period refers to 2011-09-01 to now)

Upstream support increases while downstream demand decreases

From the manufacturer’s quotation, the factory quotation of Shandong mainstream isooctanol manufacturers fell slightly this week.

From the perspective of the upstream raw material market of isooctanol, the propylene market rose slightly this week, with the price rising from 7000.60 yuan/ton at the end of last week to 7330.60 yuan/ton at the end of this week, an increase of 4.71%, down 7.24% year on year. The upstream raw material market price rose slightly, and the cost support increased. Affected by the supply and demand, it had a positive impact on the price of isooctanol.

Judging from the downstream market of isooctanol, the DOP factory price fell first and then rose this week. The DOP price dropped from 10,320.00 yuan/ton at the end of last week to 10,030.00 yuan/ton at the end of this week, down 2.81%, 16.76% year-on-year. Downstream DOP prices fell slightly, and downstream customers became less enthusiastic about purchasing isooctanol.

The upstream support is good, the downstream demand is weak, and the future market of isooctanol is bullish

In the middle and late November, Shandong’s isooctanol market may rise slightly. The upstream propylene market rose slightly and cost support increased. Downstream DOP market has an upward trend over the weekend, and downstream demand is average. According to the isooctanol analysts of the business community, the short-term domestic isooctanol market may rise slightly due to the influence of supply and demand, raw materials and other aspects.