Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell first and then rose this week. This week, the mainstream ex factory average price of isooctanol in Shandong fell from 10766.67 yuan / ton on January 8 to 10366.67 yuan / ton on January 12, down 3.72%, and then rose to 10666.67 yuan / ton on January 14, up 2.89%. Compared with the same period last year, it increased by 6.31% year-on-year. On the whole, Shandong isooctanol market fell slightly this week and showed an upward trend over the weekend. On January 16, the isooctanol commodity index was 78.43, unchanged from yesterday, down 42.96% from the highest point 137.50 in the cycle (2021-08-08), and up 123.13% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support has been strengthened and the downstream demand has improved

From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong fell this week: Jianlan chemical’s quotation of isooctanol this weekend was about 10400 yuan / ton, down 300 yuan / ton compared with last weekend, dominated by contracts; The quotation of lihuayi isooctanol this weekend is 10400 yuan / ton, which is 300 yuan / ton lower than that last weekend; Hualu Hengsheng offered 11200 yuan / ton of isooctanol this weekend, up 300 yuan / ton compared with last weekend.

From the upstream raw material market of isooctanol, the propylene market fell first and then rose this week. The quotation increased from 7850.80 yuan / ton last weekend to 7886.80 yuan / ton this weekend, an increase of 0.46%, an increase of 7.37% over the same period last year. The market price of upstream raw materials rose slightly, and the cost support was strengthened. Affected by the supply and demand side, it had a positive impact on the price of isooctanol.

From the downstream market of isooctanol, the ex factory price of DOP rose slightly this week. DOP price rose from 10050.00 yuan / ton at the beginning of the week to 10275.00 yuan / ton at the weekend, an increase of 2.24%, an increase of 8.16% over the same period last year. There is still an upward trend at the weekend. Downstream DOP prices rose slightly, and downstream customers had good enthusiasm for isooctanol procurement.

Increased demand and bullish outlook

In late January, the market trend of Shandong isooctanol was dominated by slight shock and rise. Upstream propylene rose slightly, cost support strengthened, downstream DOP market stopped falling and rose, and downstream demand improved. According to isooctanol analysts of business society, in late January, Shandong isooctanol market may rise slightly.