Recent price trends of isooctanol

According to the Commodity Analysis System of Business Society, downstream demand has weakened, and the price of isooctanol in the Shandong region has slightly declined this week. This week, the average price of isooctanol in the mainstream market in Shandong fell from 12425 yuan/ton at the beginning of the week to 12400 yuan/ton at the end of the week, a decrease of 0.20%. Weekend prices increased by 30.07% year-on-year.

Upstream support is average, downstream demand weakens

From the supply side perspective, mainstream manufacturers of Shandong isooctanol have seen fluctuations in their quotes this week, with average inventory levels.

From the upstream raw material market of isooctanol, the propylene market has fluctuated and risen this week, with prices rising from 6843.25 yuan/ton at the beginning of the week to 6853.25 yuan/ton at the end of the week, an increase of 0.15%, and a year-on-year decrease of 8.51% in weekend prices. At the beginning of the week, downstream work resumed gradually after the new year, but demand follow-up was slow, upstream goods were not smooth, and prices continued to fall. In the second half of the week, the price of propylene has dropped to a low level, and downstream profit margins have increased. The enthusiasm for entering the market has increased, and sales have improved, resulting in a rebound in propylene prices.

From the downstream market of isooctanol, the DOP market price fluctuated and fell this week. The DOP price dropped from 11810 yuan/ton at the beginning of the week to 11710 yuan/ton at the weekend, a decrease of 0.85%, and the weekend price increased by 17.57% year-on-year. The operating rate of downstream DOP enterprises is temporarily stable, and downstream procurement of isooctanol is relatively weak, with a focus on on-demand procurement.

Future prospects

In late February, the market for isooctanol in Shandong may experience a slight fluctuation and decline. The upstream propylene market has slightly increased, with good cost support. But downstream DOP has slightly declined, and downstream demand is weak. Business Society Isooctanol analysts believe that in the short term, the domestic Isooctanol market may experience slight fluctuations and declines due to various factors such as supply and demand and raw materials.