Recent price trends of isooctanol

According to the Commodity Analysis System of Business Society, downstream demand has weakened, and the price of isooctanol in the Shandong region has slightly declined this week. This week, the average price of isooctanol in the mainstream market in Shandong fell from 12350 yuan/ton at the beginning of the week to 12075 yuan/ton at the end of the week, a decrease of 2.23%. Weekend prices increased by 30.04% year-on-year.

Upstream support is good, downstream demand is weakened

From the supply side perspective, the mainstream manufacturers of isooctanol in Shandong have seen a slight decline in their quotations this week, with average inventory levels.

From the upstream raw material market of isooctanol, the propylene market has fluctuated and risen this week, with prices rising from 6865.25 yuan/ton at the beginning of the week to 7054.60 yuan/ton at the end of the week, an increase of 2.79%, and a year-on-year decrease of 5.49% over the weekend. In the early part of the week, due to the shutdown of some upstream devices in the region, supply tightened, prices rose, and downstream buyers entered the market. In the later part of the week, prices rose to a high level, and the atmosphere of downstream entry into the market weakened. In addition, some units released propylene, which eased the tight supply situation and led to a slight decline in propylene prices.

From the downstream market of isooctanol, the DOP market price has slightly declined this week. The DOP price dropped from 11750 yuan/ton at the beginning of the week to 11450 yuan/ton at the weekend, a decrease of 2.55%, and the weekend price increased by 14.50% year-on-year. The operating rate of downstream DOP enterprises is average, and downstream procurement of isooctanol is relatively weak, with a focus on on-demand procurement.

Future prospects

In mid to late March, the market for isooctanol in Shandong may experience a slight fluctuation and decline. The upstream propylene market has slightly increased, with good cost support. But downstream DOP has slightly declined, and downstream demand is weak. Business Society Isooctanol analysts believe that in the short term, the domestic Isooctanol market may experience slight fluctuations and declines due to various factors such as supply and demand and raw materials.