This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of January 13th, the price of isooctanol was 7633.33 yuan/ton, a fluctuating decrease of 3.78% compared to the price of 7933.33 yuan/ton on January 6th. The construction of new equipment has been stable. This week, the equipment of isooctanol enterprises started at a high level, and the supply of isooctanol increased. After the New Year’s Day holiday, the replenishment of inventory ended, and the demand for isooctanol decreased. The increase in isooctanol supply and demand decreased, and the price of isooctanol fluctuated and fell this week.

This week, the supply of isooctanol increased and the demand decreased

This week, isooctanol enterprises started operating at a high level, coupled with the continuous production of new octanol capacity, resulting in an increase in isooctanol supply. After the holiday, downstream manufacturers have completed their inventory replenishment, resulting in a decrease in demand for isooctanol and an increase in downward pressure on its price.

Downstream plasticizer DOP prices fluctuated and fell this week

According to the Commodity Market Analysis System of Shengyi Society, as of January 13th, the DOP price was 8401.25 yuan/ton, a fluctuating decrease of 1.32% compared to the DOP price of 8513.75 yuan/ton on January 6th. The profit margin of plasticizer DOP is high, plasticizer enterprises are actively operating, downstream plasticizer enterprises have high operating rates, and plasticizer supply is sufficient. After the end of the New Year’s Day holiday, the replenishment of inventory has ended, and the demand for plasticizers has slightly fallen, while the support for the demand for raw material isooctanol has weakened.

Future expectations

According to the data analyst of Business Society’s octanol product, this week’s high equipment start-up of isooctanol enterprises, coupled with the production of new capacity, has eased the supply shortage of isooctanol and increased its supply; High profits, active downstream production, and the end of post holiday inventory replenishment have weakened the support for isooctanol demand. In the future, the supply shortage of isooctanol has been alleviated, and stocking up before the Spring Festival has provided strong demand support. It is expected that the price of isooctanol will consolidate strongly in the future.