Isooctanol prices rebounded and rose this week
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According to the Commodity Market Analysis System of Shengyi Society, as of May 16th, the price of isooctanol was 7443.33 yuan/ton, which rebounded and increased by 3.62% compared to the price of 7183.33 yuan/ton on May 12th. During the China US economic and trade talks, tariffs have temporarily eased, and demand for isooctanol is expected to rebound, causing the price of isooctanol to bottom out and rebound; Isooctanol manufacturers are operating steadily, with sufficient supply of isooctanol. Stable supply and rising demand have led to fluctuating prices of isooctanol.
Downstream plasticizer DOP prices rebounded and rose this week
According to the Commodity Market Analysis System of Shengyi Society, as of May 16th, the DOP price was 8200.83 yuan/ton, a rebound increase of 4.35% compared to the DOP price of 7859.17 yuan/ton on May 12th. The operating rate of DOP plasticizer enterprises has temporarily stabilized, the China US economic and trade talks have begun, tariffs have temporarily eased, the demand for plasticizers is expected to rise, the production of plasticizers is expected to increase, the demand for isooctanol is expected to rebound, the support for isooctanol demand is increasing, and the upward momentum of isooctanol is increasing.
Future expectations
According to the data analyst of Shengyi Society’s octanol products, the production of plasticizer enterprises has temporarily stabilized, tariffs have eased, demand for plasticizers has rebounded, production of plasticizers is expected to increase, downstream demand for isooctanol has rebounded, supply has stabilized, and demand has rebounded. It is expected that the price of isooctanol will consolidate strongly in the future market.
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