Isooctanol prices in Shandong fell this week (1.18-1.22)

1、 Price trend

 

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The factory price of isooctanol in Shandong Province fell this week. This week, the average ex factory quotation price of isooctanol in Shandong fell from 10750.00 yuan / ton at the beginning of the week to 10300.00 yuan / ton at the end of the week, a decrease of 4.19%, up 48.92% compared with the same period last year. Overall, the market of ISO octanol fell this week, with the commodity index of ISO octanol at 75.74 on January 22.

 

2、 Market analysis

 

From the manufacturer’s quotation, the factory quotation of Shandong’s mainstream ISO octanol manufacturers fell this week: Jianlan chemical quoted 10000 yuan / ton of ISO octanol this weekend, down 600 yuan / ton compared with the beginning of the week. Lihuayi quoted 9900 yuan / ton of ISO octanol this weekend, down 750 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 11000 yuan / ton of ISO octanol this week, temporarily stable compared with the beginning of the week.

 

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol rose this week, with the quoted price rising from 7465.64 yuan / ton at the beginning of the week to 7486.36 yuan / ton at the end of the week, with an increase of 0.28%, and a year-on-year increase of 9.01%. The price of raw materials in the upstream market rose slightly, affected by the supply and demand side, which had a positive impact on the price of octanol.

 

Octanol downstream market, this week DOP factory prices fell slightly. DOP quotation fell from 9475.00 yuan / ton at the beginning of the week to 9425.00 yuan / ton at the end of the week, down 0.53%, up 29.11% year on year. The price of downstream DOP fell, the enthusiasm of downstream customers to purchase octanol weakened, the demand for octanol was general, and the future market operators mostly watched the trend of DOP.

 

3、 Future forecast

 

In late January, the trend of Shandong octanol market may fluctuate slightly. The upstream propylene market rose slightly, the raw material support was strong, the downstream DOP market fell slightly, the downstream purchasing enthusiasm weakened, and the octanol supply was normal. Business community octanol analysts believe that: in late January, under the influence of supply and demand, raw materials and other aspects of octanol market in Shandong, octanol market may fluctuate slightly.

http://www.lubonchem.com/

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