Recent price trend of isooctanol
|Gamma Polyglutamic Acid|
As can be seen from the above figure, the ex factory price of isooctanol in Shandong this week was temporarily stable. The average ex factory quotation of isooctanol mainstream in Shandong this week was 18700.00 yuan / ton, a year-on-year increase of 167.14% over the same period last year. Overall, the isooctanol market was temporarily stable this week, and the isooctanol commodity index was 137.50 on August 6.
Downstream demand rose, and isooctanol rose again
From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong this week is temporarily stable: Jianlan chemical’s quotation of isooctanol this weekend is 18700 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Lihuayi offered 18600 yuan / ton of isooctanol this weekend, which was temporarily stable compared with that at the beginning of the week; Hualu Hengsheng offered 18800 yuan / ton of isooctanol this weekend, which was temporarily stable compared with that at the beginning of the week.
From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isooctanol fell slightly this week. The quotation fell from 7845.82 yuan / ton at the beginning of the week to 7727.64 yuan / ton at the end of the week, down 1.51%, up 12.39% year-on-year compared with the same period last year. The market price of upstream raw materials fell slightly, which had a negative impact on the price of isooctanol due to the impact of supply and demand.
In the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. DOP quotation decreased from 15700.00 yuan / ton at the beginning of the week to 15625.00 yuan / ton at the end of the week, a decrease of 0.48%, an increase of 123.21% over the same period last year. Downstream DOP prices fell slightly, downstream customers’ enthusiasm for octanol procurement weakened, and the demand for isooctanol weakened.
Weak demand and bearish outlook
In mid August, the market trend of Shandong isooctanol may fluctuate slightly. On the whole, recently, isooctanol units have been started successively, the overall operating rate of the isooctanol industry has increased, the downstream market is general, and the demand has weakened. Therefore, the isooctanol analysts of business society believe that the domestic isooctanol market may fluctuate slightly in mid August.