This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of August 15th, the price of isooctanol was 7376.67 yuan/ton, a fluctuating decrease of 0.76% compared to the price of 7433.33 yuan/ton on August 8th. This week, the price of isooctanol rebounded and stopped falling. In August, isooctanol enterprises resumed production, and the operating rate of isooctanol equipment increased to nearly 90%. In addition, with the addition of new production capacity of isooctanol, the supply of isooctanol has increased; Downstream plasticizer companies have started production at a high level and remained stable. The demand for isooctanol for plasticizers has increased, resulting in both supply and demand. As a result, the price of isooctanol has fluctuated and fallen.
Downstream plasticizer DOP prices fluctuate and fall
According to the Commodity Market Analysis System of Shengyi Society, as of August 15th, the DOP price was 7759.16 yuan/ton, a fluctuating decrease of 0.96% compared to the DOP price of 7834.16 yuan/ton on August 8th. This week, many of the shutdown devices of DOP enterprises have returned to normal, and the operating load of DOP enterprises has remained stable at a high level. This week, DOP production is at a high level, plasticizer production is sufficient, and demand for isooctanol is increasing. The support for the rise in isooctanol prices still exists.
This week, DOP enterprises have increased their production, with a high operating rate stable at 6.70%. The production of plasticizers has increased, and the demand for isooctanol has risen. The support for the price increase of isooctanol still exists.
Future expectations
According to the data analyst of Shengyi Society’s octanol products, in terms of demand, this week’s increase in DOP equipment production by plasticizer companies has led to an increase in DOP production, resulting in a rebound in demand for isooctanol. The support for future increases in isooctanol prices still exists; In terms of supply, the equipment production of isooctanol enterprises has increased, coupled with the production of new isooctanol capacity, resulting in an increase in isooctanol supply. Overall, the supply and demand of isooctanol have increased, and isooctanol is accumulating. It is expected that the price of isooctanol will stop falling and rebound in the future.