This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of August 12th, the price of isooctanol was 9333.33 yuan/ton, a fluctuating decrease of 7.41% compared to the price of 9000 yuan/ton on August 1st. In August, the price of isooctanol fluctuated and fell, downstream factories purchased according to demand, plasticizers were in low season, downstream enterprises had poor enthusiasm for raw material procurement, Shandong large factories sold at a discount, and the market transaction center shifted downwards, increasing the downward pressure on isooctanol.

The price of raw material propylene first rose and then fell in August

According to the Business Society’s propylene commodity market analysis system, as of August 12th, the price of propylene was 6850.75 yuan/ton, which first increased and then decreased by 3.69% compared to the price of 7113.25 yuan/ton on August 1st; Compared to August 5th, the price of propylene has continued to decline by 7135.75 yuan/ton, a decrease of 3.99%. The weak consolidation of crude oil prices has weakened the cost support for propylene; Acrylic manufacturers are operating steadily, with sufficient supply and increased shipments, resulting in a decline in propylene prices.

Downstream plasticizer prices fluctuated and fell this week

According to the Commodity Market Analysis System of Shengyi Society, as of August 12th, the price of plasticizer DOP was 9111 yuan/ton, a fluctuating decrease of 4.09% compared to the DOP price of 9500 yuan/ton on August 1st at the beginning of the month. The price of plasticizer DOP fluctuated and fell. With the arrival of the hot and rainy season, PVC has entered a seasonal off-season in the industry. The low demand for plasticizers in China, coupled with reduced exports, has led to a decline in demand for plasticizers and a decrease in the willingness of plasticizer manufacturers to operate. As a result, the plasticizer market is in a low season, with manufacturers operating at low levels and weak follow-up on actual sales. The demand for plasticizers is poor, and there is significant downward pressure on plasticizers.

Future expectations

According to the data analyst of Business Society’s octanol product, in terms of cost, the price of propylene first rose and then fell, while the cost of isooctanol decreased; In terms of demand, the plasticizer market is in the off-season, and the demand for isooctanol is weak. Overall, the stable supply and poor demand of isooctanol have led to a decrease in costs, and it is expected that the price of isooctanol will decline in the future.