This week, the price of isooctanol has stopped falling and rebounded
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According to the Commodity Market Analysis System of Shengyi Society, as of April 21st, the price of isooctanol was 7533.33 yuan/ton, a fluctuating increase of 1.57% compared to the price of 7416.67 yuan/ton on April 17th; Compared to the price of 7850 yuan/ton on April 4th, the price of isooctanol has decreased by 4.03%. Isooctanol enterprises are operating steadily at a low level, and the supply from isooctanol manufacturers is temporarily stable; Plasticizer manufacturers are operating steadily at a low level, while demand for isooctanol is weak. Downstream plasticizer prices have stopped falling and risen, and the downward pressure on isooctanol has weakened while the upward support has increased.
Downstream plasticizer DOP prices have stopped falling and risen this week
According to the Commodity Market Analysis System of Shengyi Society, as of April 21st, the DOP price was 8159.16 yuan/ton, which fluctuated and stabilized compared to the DOP price of 8159.16 yuan/ton on April 14th; Compared to April 17th, the DOP price of 8142.50 yuan/ton fluctuated and rose by 0.20%. The production of plasticizer DOP enterprises is stabilizing at a low level, and the output of plasticizer DOP is stable. However, the demand for isooctanol remains weak, and the support for isooctanol demand is weakening. The downward pressure on isooctanol still exists.
Future expectations
According to the data analyst of Shengyi Society’s octanol products, plasticizer companies are stabilizing at low levels of production, while downstream demand for isooctanol remains weak. Isooctanol manufacturers are stabilizing at low levels of production, and there is sufficient supply of isooctanol. The supply and demand of isooctanol are weak, and it is expected that the price of isooctanol will fluctuate and consolidate in the future market.
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