This week, the price of isooctanol rose and then fell back

According to the Commodity Market Analysis System of Shengyi Society, as of February 17th, the price of isooctanol was 7950 yuan/ton, a decrease of 0.83% from the price of 8016.67 yuan/ton at the end of last week; Compared to February 10th, the price of isooctanol fluctuated and rose by 7900 yuan/ton, with an increase of 0.63%. The price of isooctanol rose and then fell, while the cost of plasticizer DOP decreased; The post holiday replenishment has ended, and the demand for isooctanol has fallen. The upward support for isooctanol has weakened, and the downward pressure has increased.

Downstream plasticizer DOP prices fluctuate and fall

According to the Commodity Market Analysis System of Shengyi Society, as of February 17th, the DOP price was 8601.25 yuan/ton, a slight decrease of 0.29% compared to the DOP price of 8626.25 yuan/ton on February 11th. The price of raw materials has fallen, and the cost of plasticizer DOP has decreased. After the Spring Festival, the replenishment of inventory has ended, and the demand for plasticizers has decreased. The demand support for cost reduction has weakened, and the downward pressure on plasticizers has increased.

Future expectations

According to the data analyst of Shengyi Society’s octanol products, in the future, plasticizer companies will have average production after the holiday, resulting in a decrease in demand for plasticizers. After the holiday replenishment ends, the support for demand for isooctanol will weaken, and it is expected that the price of isooctanol will slightly fall in the future.