After the holiday, the price of isooctanol stopped falling and rebounded
According to the Commodity Market Analysis System of Shengyi Society, as of October 11th, the price of isooctanol was 6533.33 yuan/ton, a decrease of 2.00% compared to the price of 6666.67 yuan/ton on October 1st; The price of isooctanol has increased by 0.77% from 6483.33 yuan/ton on October 10th. Partial maintenance of isooctanol equipment in some enterprises resulted in a slight decrease in operating load and supply of isooctanol after the holiday; The profit margin of isooctanol is on the edge of the cost line, and manufacturers have a strong willingness to raise prices. After the holiday, the supply of isooctanol decreased, and companies replenished their inventory, resulting in a rebound in the price of isooctanol.
Downstream plasticizer DOP prices fluctuate and fall
According to the Commodity Market Analysis System of Shengyi Society, as of October 11th, the DOP price was 7309.16 yuan/ton, a fluctuating decrease of 0.79% compared to the DOP price of 7367.50 yuan/ton on October 1st. After the holiday, DOP prices fluctuated and fell, with less than 60% of DOP enterprises operating at capacity and a slight decrease in operating rates. The demand for isooctanol was weak, and downward pressure on isooctanol prices still exists.
Future expectations
According to the data analyst of Business Society’s octanol product, on the supply side, the profit of isooctanol has decreased, and isooctanol enterprises have a strong willingness to raise prices. The equipment operating load of isooctanol enterprises has slightly decreased, and the supply of isooctanol has decreased. In addition, post holiday inventory replenishment has increased the support for the rise of isooctanol. In terms of demand, DOP prices have fluctuated and fallen, while DOP companies have seen a slight decrease in production, and the support for isooctanol demand has weakened. In the future, the demand for isooctanol remains weak, and there is significant downward pressure on isooctanol; However, due to the decrease in supply and the need to replenish inventory after the holiday, there is a strong desire for an increase in the price of isooctanol, and it is expected that the price of isooctanol will fluctuate and consolidate in the future market.