Recent domestic isooctanol price trend

As can be seen from the above figure, the ex factory price of Shandong isooctanol fell first and then rose this month. The quotation first fell from 11566.67 yuan / ton on December 1 to 9666.67 yuan / ton on December 20, down 1900 yuan / ton, down 16.43%, and then rose to 10400.00 yuan / ton at the end of the month, up 7.59%. Overall, the isooctanol market fell sharply this month. On December 27, the isooctanol commodity index was 76.47, down 0.25 points from yesterday, down 44.39% from the highest point of 137.50 points in the cycle (2021-08-08), and up 117.55% from the lowest point of 35.15 points on February 1, 2016. (Note: cycle refers to the period since September 1, 2011)

Shandong isooctanol market in December

manufactor December 1st December 20th December 28th

Li Huayi 11700 yuan / ton 9600 yuan / ton 10200 yuan / ton

Jianlan chemical 11500 yuan / ton 9700 yuan / ton 10500 yuan / ton

Hualu Hengsheng 11500 yuan / ton 9700 yuan / ton 10500 yuan / ton

From the manufacturer’s quotation, the price of mainstream manufacturers of isooctanol in Shandong fell this month, the manufacturer’s inventory was general, and the downstream demand weakened. The quotation of lihuayi isooctanol at the end of the month was 10200 yuan / ton, which decreased by 1500 yuan / ton compared with the beginning of the month; Jianlan Chemical Co., Ltd. offered 10500 yuan / ton of isooctanol at the end of the month, down 1000 yuan / ton compared with the beginning of the month; Hualu Hengsheng isooctanol offered 10500 yuan / ton at the end of the month, down 1000 yuan / ton compared with the beginning of the month.

Insufficient upstream support and weakening downstream demand

From the perspective of upstream and downstream industrial chains, the upstream propylene market has twists and turns this month, with a narrow fluctuation at about 7500.00 yuan / ton, a year-on-year increase of 0.11% compared with the same period last year. The cost support is insufficient, which has a negative impact on isooctanol. The downstream DOP price first fell and then rose. The quotation first fell from 11200 yuan / ton at the beginning of the month to 9450.00 yuan / ton on December 20, down 15.62%, and then rose to 9850.00 yuan / ton at the end of the month, up 4.23%, down 5.59% year-on-year compared with the same period last year. The downstream market first fell and then rose, and the downstream customers have general enthusiasm for purchasing isooctanol. On the whole, the upstream and downstream products had a negative impact on the price of isooctanol this month.

Market outlook rose slightly

The domestic isooctanol market may rise slightly in the middle and early January. The price of upstream propylene has an upward trend at the end of the month, the cost support is general, the price of downstream DOP rises slightly at the end of the month, the downstream purchase enthusiasm for isooctanol is enhanced, and the product trend is upward under the contradiction between supply and demand. The isooctanol analysts of business society believe that the domestic isooctanol market may rise slightly under the influence of supply and demand and raw materials in the short term.