This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of April 14th, the price of isooctanol was 7466.67 yuan/ton, a fluctuating decrease of 4.88% compared to the price of 7850 yuan/ton on April 4th. The production capacity of isooctanol enterprises has increased, with stable operation and sufficient supply from isooctanol manufacturers; Plasticizer manufacturers are operating at low levels, and demand for isooctanol is weak. The downward pressure on isooctanol still exists, and the upward support is weakened.
Downstream plasticizer DOP prices fluctuated and fell this week
According to the Commodity Market Analysis System of Shengyi Society, as of April 14th, the DOP price was 8159.17 yuan/ton, a fluctuating decrease of 1.56% from the April 7th DOP price of 8288.75 yuan/ton. The expected start-up of plasticizer DOP enterprises has decreased, the production of plasticizer DOP has decreased, the demand for isooctanol is weak, the support for isooctanol demand has weakened, and the downward pressure on isooctanol has increased.
Future expectations
According to the data analyst of Shengyi Society’s octanol product, the expected production of plasticizer enterprises has decreased, downstream demand for isooctanol is weak, production capacity of isooctanol manufacturers has increased, isooctanol enterprises have stable production, and isooctanol supply is sufficient. The strong supply and weak demand of isooctanol are expected to lead to a volatile decline in the future price of isooctanol.