The price of isooctanol has fallen this week

According to the Commodity Market Analysis System of Shengyi Society, as of November 22, the price of isooctanol was 9166.67 yuan/ton, a fluctuating decrease of 5.82% compared to the price of 9733.33 yuan/ton on November 15. This week, the operating load of isooctanol enterprises has increased, the supply of isooctanol has increased, and the price of isooctanol has fluctuated and fallen. The increase in supply and demand for isooctanol is average, and the support for the isooctanol market has weakened, resulting in a fluctuating decline in isooctanol prices.

Increased supply of isooctanol

The operating load of isooctanol enterprises has increased, and the supply of isooctanol has increased. Lihua Yi Enterprise’s octanol equipment has been restored, and the supply of isooctanol in the market has increased, weakening the support for the rise of isooctanol.

Downstream plasticizer DOP prices fluctuate and fall

According to the Commodity Market Analysis System of Shengyi Society, as of November 22, the DOP price was 9201.25 yuan/ton, a fluctuating decrease of 3.28% compared to the DOP price of 9513.75 yuan/ton on November 15. The demand for plasticizer DOP is average, and the price of plasticizer DOP fluctuates and falls. The operating rate of downstream plasticizer enterprises is stable, and the demand for isooctanol for plasticizers is average. The demand support for isooctanol has weakened.

Future expectations

The data analyst of Business Society’s octanol product believes that as the operating load of isooctanol enterprises increases, the supply of isooctanol also increases, and the support for the rise of isooctanol weakens; Downstream plasticizer manufacturers have temporarily stabilized their production, while demand for isooctanol is sluggish. In the future, the supply of isooctanol is sufficient, but the demand is cold, resulting in a decline in the price of isooctanol.