Recent price trend of isooctanol
| Azodicarbonamide (AC foaming Agent) |
As can be seen from the above figure, the ex factory price of isooctanol in Shandong Province dropped slightly this week. This week, the average ex factory price of mainstream isooctanol manufacturers in Shandong dropped from 8466.67 yuan / ton at the end of last week to 8366.67 yuan / ton at the end of this week, a decrease of 1.18%, a year-on-year decrease of 53.00% over the same period of last year. On August 21, the isooctanol commodity index was 61.52, which was the same as yesterday, down 55.26% from the highest point 137.50 (2021-08-08) in the cycle and up 75.02% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to September 1, 2011 to now)
Weak upstream support and general downstream demand
From the perspective of manufacturer’s quotation, the ex factory quotation of Shandong isooctanol mainstream manufacturers decreased slightly this week.
From the upstream raw material market of isooctanol, the propylene market fell slightly this week. The price fell from 7270.60 yuan / ton at the end of last week to 7030.60 yuan / ton at the end of this week, a decrease of 3.30% and a year-on-year decrease of 9.39% over the same period of last year. The market price of upstream raw materials fell slightly, and the cost support weakened. Affected by the supply and demand side, it had a negative impact on the price of isooctanol.
| povidone Iodine |
From the downstream market of isooctanol, the ex factory price of DOP increased slightly this week. The DOP price increased from 9062.50 yuan / ton at the end of last week to 9112.50 yuan / ton at the end of this week, with an increase of 0.55% and a year-on-year decrease of 38.84%. The downstream DOP price increased slightly, and the downstream customers were generally enthusiastic about purchasing isooctanol.
The upstream support is weakened, the downstream demand is general, and isooctanol is bearish in the future
In late August, the market price of Shandong isooctanol dropped slightly. The upstream propylene market fell slightly, the cost support weakened, the downstream DOP market rose slightly, and the downstream demand was general. According to the isooctanol analysts of the business association, the short-term domestic isooctanol market will be subject to small fluctuations and falls under the influence of supply and demand and raw materials.
| http://www.lubonchem.com/ |