This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of September 15th, the price of isooctanol was 7016.67 yuan/ton, a fluctuating decrease of 0.71% compared to the price of 7066.67 yuan/ton on September 8th. This week, the production capacity of isooctanol enterprises remained stable at a high level, and the operating rate of isooctanol equipment slightly increased to 96%. In addition, there was a significant increase in new isooctanol production capacity, resulting in an increase in isooctanol supply; Downstream plasticizer companies have stable production, but the demand support for isooctanol by plasticizers is limited. The increase in supply and demand support is limited, and the price of isooctanol has fluctuated and fallen.
Downstream plasticizer DOP prices stop falling and rebound
According to the Commodity Market Analysis System of Shengyi Society, as of September 15th, the DOP price was 7509.16 yuan/ton, a fluctuating increase of 0.56% compared to the DOP price of 7467.50 yuan/ton on September 10th. DOP prices have rebounded and stopped falling, while DOP enterprises have increased their operating load. The demand for isooctanol has increased, and the support for the rise in isooctanol prices still exists.
Future expectations
According to the data analyst of Business Society’s octanol product, on the supply side, the equipment operating load of isooctanol enterprises remains stable at a high level, coupled with a large amount of new production capacity of isooctanol, resulting in an oversupply of isooctanol. In terms of demand, DOP prices have rebounded and stopped falling, while support for isooctanol demand still exists. In the future, with the increase in supply and demand support of isooctanol, it is expected that the price of isooctanol will fluctuate and stabilize.