Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell first and then rose this week. This week, the average ex factory price of mainstream isooctanol manufacturers in Shandong fell from 12700.00 yuan / ton on May 14 to 12500.00 yuan / ton on May 17, down 1.57% Then it rose to 12666.67 yuan / ton on May 20, an increase of 1.33%, a year-on-year decrease of 12.64% compared with the same period last year. On May 20, the isooctanol commodity index was 93.14, unchanged from yesterday, down 32.26% from the highest point 137.50 in the cycle (2021-08-08), and up 164.98% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is weakened and the downstream demand is better

From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong decreased slightly this week: the octanol unit of Jianlan chemical is under maintenance; The quotation of lihuayi isooctanol this weekend is 12600 yuan / ton, which is temporarily stable compared with last weekend; Hualu Hengsheng offered 12800 yuan / ton of isooctanol this weekend, down 100 yuan / ton compared with last weekend.

From the upstream raw material market of isooctanol, the propylene market fell slightly this week. The quotation fell from 8576.60 yuan / ton last weekend to 8330.60 yuan / ton on May 20, down 2.87%, up 2.88% year-on-year over the same period last year. The market price of upstream raw materials fell slightly and the cost support was insufficient. Affected by the supply and demand side, it had a negative impact on the price of isooctanol.

From the downstream market of isooctanol, the ex factory price of DOP rose slightly this week. The DOP price rose from 11862.50 yuan / ton last weekend to 12000.00 yuan / ton this weekend, an increase of 1.16%, down 9.43% year-on-year compared with the same period last year. Downstream DOP prices rose slightly, and downstream customers were more enthusiastic about purchasing isooctanol.

The upstream support is weakened, the downstream demand is good, and isooctanol is bullish in the future

In late May, the market trend of Shandong isooctanol may fluctuate slightly and rise mainly. The upstream propylene market fell slightly, the cost support weakened, the downstream DOP market rose slightly, and the downstream demand was better. Analysts believe that the domestic market will be mainly affected by the short-term fluctuation of raw materials and octanol market.