This week, the price of isooctanol first rose and then fell
According to the Commodity Market Analysis System of Shengyi Society, as of March 17th, the price of isooctanol was 7466.67 yuan/ton, which first rose and then fell compared to the price of 7466.67 yuan/ton on March 7th, and fluctuated and fell by 0.58% compared to the price of 7510 yuan/ton on March 11th. There is a significant increase in production capacity of isooctanol, leading to an increase in supply from isooctanol manufacturers; Plasticizer manufacturers are operating at high levels, with stable demand for isooctanol and reduced downward pressure on isooctanol.
The price of downstream plasticizer DOP first rose and then fell this week
According to the Commodity Market Analysis System of Shengyi Society, as of March 17th, the DOP price was 8101.25 yuan/ton, which first increased and then decreased by 0.46% compared to the DOP price of 8138.75 yuan/ton on March 7th; Compared to March 11th, the DOP price of 8251.25 yuan/ton fluctuated and fell by 1.82%. Plasticizer DOP enterprises have increased production, plasticizer output has recovered, demand for isooctanol has stabilized, and the downward pressure on isooctanol has weakened.
Future expectations
According to the data analyst of Business Society’s octanol product, downstream demand has rebounded, and the supply of isooctanol has increased, causing the price of isooctanol to rise first and then fall. In the future, the operating load of plasticizer DOP enterprises will recover, the production of plasticizers will increase, the demand for isooctanol will rise, the operating load of isooctanol enterprises will increase, and the supply of isooctanol will increase. It is expected that the price of isooctanol will fluctuate and stabilize in the future.
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