Recent price trends of isooctanol

According to the Commodity Analysis System of Business Society, the market price of isooctanol in Shandong region rose first and then fell this week. This week, the average price of isooctanol in the mainstream market in Shandong Province rose from 12750.00 yuan/ton at the beginning of the week to 12850.00 yuan/ton on December 20th, an increase of 0.78%, and then fell to 12775 yuan/ton on the weekend, a decrease of 0.58%. The overall increase was 0.20%. Weekend prices increased by 32.16% year-on-year. On December 25th, the isooctanol commodity index was 95.77, an increase of 1.84 points from yesterday, a decrease of 30.35% from the highest point in the cycle of 137.50 points (2021-08-08), and an increase of 172.46% from the lowest point of 35.15 points on February 1st, 2016. (Note: The cycle refers to the period from September 1st, 2011 to present)

Upstream support is good, while downstream demand is average

From the supply side perspective, mainstream manufacturers of Shandong isooctanol have seen fluctuations in their quotes this week, with average inventory levels.

From the upstream raw material market of isooctanol, the propylene market saw a slight increase this week, with prices rising from 6895.75 yuan/ton at the beginning of the week to 6928.25 yuan/ton over the weekend, an increase of 0.47%, and a year-on-year decrease of 6.10% over the weekend. The upstream raw material market prices have slightly increased, with good cost support. Due to the impact of supply and demand, it has a positive impact on the price of isooctanol.

From the downstream market of isooctanol, the DOP market price rose first and then fell this week. The DOP price dropped from 11850 yuan/ton at the beginning of the week to 11800 yuan/ton at the weekend, a decrease of 0.42%, and the weekend price increased by 17.76% year-on-year. Downstream DOP prices have slightly declined, and downstream customers have weakened their enthusiasm for purchasing isooctanol.

Future prospects

In late December, the market for isooctanol in Shandong may experience slight fluctuations and gains. The upstream propylene market has slightly increased, with good cost support. The downstream DOP market has an upward trend, and downstream demand has increased. Business Society Isooctanol analysts believe that in the short term, the domestic Isooctanol market may experience slight fluctuations and increases due to various factors such as supply and demand and raw materials.