Recent price trends of isooctanol

According to the commodity analysis system of Business Society, cost support has increased, and downstream demand is average. This week, the price of isooctanol in the Shandong region has fluctuated and fallen. This week, the average price of isooctanol in the mainstream market in Shandong fell from 12925 yuan/ton at the beginning of the week to 12900 yuan/ton at the end of the week, a decrease of 0.19%. Weekend prices increased by 28.57% year-on-year.

Upstream support increases, downstream demand weakens

From the supply side perspective, the mainstream manufacturers of isooctanol in Shandong have seen a slight decline in their quotations this week, with average inventory levels.

From the upstream raw material market of isooctanol, the propylene market saw a slight increase this week, with prices rising from 6733.25 yuan/ton at the beginning of the week to 6863.25 yuan/ton over the weekend, an increase of 1.93%, and a year-on-year decrease of 9.22% over the weekend. Part of the propylene plants in Shandong region have shut down, and with a favorable supply side, the market atmosphere has improved. Downstream players have actively entered the market, and on-site inventory has decreased to a low level. The focus of the propylene market continues to shift upwards.

From the downstream market situation of isooctanol, the DOP market price fluctuated and fell this week. The DOP price dropped from 12080 yuan/ton at the beginning of the week to 12030 yuan/ton on the weekend, an increase of 0.41%, and the weekend price increased by 18.87% year-on-year. The operating rate of downstream DOP enterprises is temporarily stable, and downstream procurement of isooctanol is generally active, with a focus on on-demand procurement.

Future prospects

In late January, the market for isooctanol in Shandong may experience slight fluctuations and gains. The upstream propylene market has strong upward momentum and good cost support. Downstream DOP demand is good, and there is an upward trend in the downstream market. Business Society Isooctanol analysts believe that in the short term, the domestic Isooctanol market may experience slight fluctuations and increases due to various factors such as supply and demand and raw materials.