This week, the price of isooctanol first fell and then rose

According to the Commodity Market Analysis System of Shengyi Society, as of June 6th, the price of isooctanol was 7550 yuan/ton, which first fell and then rose compared to the price of 7550 yuan/ton on June 1st, and the price has stabilized; The price of isooctanol has increased by 1.12% from 7466.67 yuan/ton on June 4th. In June, the price of isooctanol did not continue its upward trend from May and fell slightly. With downstream customers replenishing their inventory at low prices and the demand for isooctanol recovering, the price of isooctanol first fell and then rose.
Downstream plasticizer DOP prices first fell and then rose
According to the Commodity Market Analysis System of Shengyi Society, as of June 6th, the DOP price was 8267.50 yuan/ton, a decrease followed by an increase of 0.20% compared to the June 1st DOP price of 8250.83 yuan/ton; Compared to June 3rd, the DOP price of 8192.50 yuan/ton fluctuated and rose by 0.92%. The operating rate of plasticizer DOP enterprises has temporarily stabilized at a low level. After the Dragon Boat Festival, the demand for plasticizer has temporarily warmed up, the output of plasticizer has stabilized, the demand for isooctanol has temporarily warmed up, and the price of isooctanol first fell and then rose.
Future expectations
According to the data analyst of Shengyi Society’s octanol product, plasticizer companies have stable production, with a brief rebound in demand for plasticizers, stable output of plasticizer companies, and stable downstream demand for isooctanol. In the future, both supply and demand are weak, and it is expected that the price of isooctanol will first fall and then rise.