Isooctanol prices hit bottom and rebounded

Isooctanol prices hit bottom and rebounded this week

According to the Commodity Market Analysis System of Shengyi Society, as of August 16th, the price of isooctanol was 8300 yuan/ton, a fluctuating decrease of 4.60% compared to the price of 8700 yuan/ton on August 9th last weekend; Compared to August 15th, the price of isooctanol rebounded and rose by 0.40% to 8266.67 yuan/ton. Partial isooctanol manufacturers are undergoing maintenance, resulting in a decrease in isooctanol supply; The demand for plasticizers is expected to rebound, downstream enterprises have increased their enthusiasm for purchasing isooctanol, manufacturers of isooctanol have increased their willingness to raise prices, and the support for the price increase of isooctanol has increased. The price of isooctanol has hit the bottom and rebounded.

The price of raw material propylene first fell and then rose

According to the Business Society’s propylene commodity market analysis system, as of August 16th, the price of propylene was 6865.75 yuan/ton, a fluctuating decrease of 1.93% compared to the price of 7000.75 yuan/ton on August 9th; Compared to August 13th, the price of propylene fluctuated and rose by 6850.75 yuan/ton, with an increase of 0.22%. Crude oil prices rebound and rise, while propylene cost support still exists; Acrylic manufacturers are operating at low loads, with tight supply and continued fatigue in downstream demand. Propylene prices have rebounded slightly, and the cost support for isooctanol has increased.

Downstream plasticizer prices hit bottom and rebounded this week

According to the Commodity Market Analysis System of Shengyi Society, as of August 16th, the price of plasticizer DOP was 9051 yuan/ton, which fluctuated and fell by 2.16% compared to the DOP price of 9251 yuan/ton on August 9th last weekend; Compared to August 15th, the DOP price of 9001 yuan/ton hit the bottom and rebounded, with an increase of 0.56%. Jin Jiu is approaching, and terminal demand is slowly recovering. The order situation has slightly increased, and the market sentiment is showing positive expectations. The weather has turned cooler, and the willingness of injection molding industry terminals to stock up has increased. The construction and infrastructure industry is expected to slowly recover in September, and the demand for plasticizers has rebounded. The price of plasticizer DOP has hit the bottom and rebounded.

Future expectations

According to the data analyst of Business Society’s octanol product, in terms of cost, propylene prices first fell and then rose, while isooctanol cost support still exists; In terms of demand, the plasticizer market has rebounded, and the demand for isooctanol has increased; In terms of supply, there has been an increase in maintenance by manufacturers of isooctanol, and some manufacturers have closed their plates and are reluctant to sell. The supply of isooctanol is tight, and manufacturers of isooctanol have a strong willingness to raise prices. In the future, as the supply of isooctanol tightens and demand recovers, it is expected that the price of isooctanol will rebound and rise.