This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of November 14th, the price of isooctanol was 6000 yuan/ton, a fluctuating decrease of 0.55% compared to the price of 6033.33 yuan/ton on November 7th. Partial maintenance of isooctanol equipment in some enterprises has resulted in a slight decrease in the operating load of isooctanol facilities. The operating rate of isooctanol is less than 70%, and the supply of isooctanol has decreased; The price of propylene is fluctuating and stabilizing, while the cost of isooctanol is stabilizing; This week, the supply of isooctanol has decreased, and there is still downward pressure to support the rise of isooctanol. The price of isooctanol has fluctuated and fallen.
The cost of raw material propylene has decreased
According to the Commodity Market Analysis System of Shengyi Society, as of November 14th, the price of propylene was 5960.75 yuan/ton, a decrease of 1.61% compared to the price of 6058.25 yuan/ton on November 1st; Compared to November 7th, the price of propylene fluctuated and rose by 1.19% to 5890.75 yuan/ton. This week, propylene prices fluctuated and rose, raw material prices increased, and the cost of isooctanol increased, reducing the downward pressure on isooctanol prices.
Downstream plasticizer DOP prices fluctuate and fall
According to the Commodity Market Analysis System of Shengyi Society, as of November 14th, the DOP price was 6883.34 yuan/ton, a fluctuating decrease of 0.24% compared to the DOP price of 7025.83 yuan/ton on November 7th. This week, the operating load of plasticizer DOP enterprises has slightly increased, with an operating rate of 65%. DOP production has increased, and the demand for isooctanol still exists, with increased support from the rise in isooctanol prices.
Future expectations
According to the data analyst of Business Society’s octanol product, in terms of cost, propylene prices have rebounded and stopped falling, raw material prices have slightly increased, and the downward pressure of isooctanol has weakened. On the supply side, the operating rate of isooctanol enterprises has decreased, and the supply of isooctanol has also decreased; In terms of demand, DOP enterprises have seen a slight increase in production, with an increase in DOP output and continued support from demand for isooctanol. In the future, the cost of isooctanol is stabilizing, coupled with a decrease in supply and an increase in demand, the downward pressure on isooctanol is weakening and the upward support still exists. It is expected that the price of isooctanol will fluctuate and stabilize in the future.