Recent price trend of isooctanol

As can be seen from the above figure, the factory price of isooctanol in Shandong Province rose slightly this week. This week, the average ex factory price of mainstream isooctanol manufacturers in Shandong increased from 9166.67 yuan/ton at the weekend to 9266.67 yuan/ton at the weekend, up 1.09%. A year-on-year drop of 25.27%. On November 20, the isooctanol commodity index was 68.14, unchanged from yesterday, 50.44% lower than the cycle’s highest point of 137.50 (2021-08-08), and 93.85% higher than the lowest point of 35.15 on February 1, 2016. (Note: Period refers to 2011-09-01 to now)

Weakened upstream support and increased downstream demand

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

From the upstream raw material market of isooctanol, the propylene market fell slightly this week, with the price falling from 7330.60 yuan/ton at the end of last week to 7230.60 yuan/ton at the end of this week, down 1.36%, 4.87% year-on-year. The upstream raw material market price fell slightly, and the cost support weakened. Affected by the supply and demand side, the price of isooctanol was negatively affected.

From the downstream market of isooctanol, the DOP factory price rose slightly this week. The DOP price rose from 10030.00 yuan/ton at the end of last week to 10100.00 yuan/ton at the end of this week, an increase of 0.70% and a year-on-year decrease of 16.96%. Downstream DOP prices rose slightly, and downstream customers increased their enthusiasm for purchasing isooctanol.

The upstream support is weakened, the downstream demand is increased, and the future market of isooctanol is bullish

In late November, the market of isooctanol in Shandong Province rose mainly due to slight fluctuations. The upstream propylene market declined slightly and cost support weakened. Downstream DOP market rose slightly, and downstream demand was good. 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.