This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of October 27th, the price of isooctanol was 5883.33 yuan/ton, a fluctuating decrease of 6.37% compared to the price of 6283.33 yuan/ton on October 20th last week. Partial maintenance of isooctanol equipment in some enterprises has resulted in a slight decrease in the operating load of isooctanol facilities. The operating rate of isooctanol is less than 90%, and the supply of isooctanol has decreased; The price of propylene has fallen, and the cost of isooctanol has decreased; This week, the supply and demand of isooctanol were weak, and coupled with the decrease in costs, the price of isooctanol fluctuated and fell.
The cost of raw material propylene has decreased
According to the Commodity Market Analysis System of Shengyi Society, as of October 27th, the price of propylene was 6158.25 yuan/ton, a fluctuating decrease of 0.61% compared to the price of 6195.75 yuan/ton on October 20th. This week, the price of propylene fluctuated and fell, raw material prices fell, and the cost of isooctanol decreased, increasing the pressure on the price of isooctanol to decline.
Downstream plasticizer DOP prices fluctuate and fall
According to the Commodity Market Analysis System of Shengyi Society, as of October 27th, the DOP price was 7109.16 yuan/ton, a fluctuating decrease of 1.39% compared to the DOP price of 7209.17 yuan/ton on October 20th. This week, DOP prices have fluctuated and fallen, with DOP companies operating at less than 60% capacity, resulting in a slight decrease in operating rates. DOP production has also decreased, and demand for isooctanol has decreased, leading to significant downward pressure on isooctanol prices.
Future expectations
The data analyst of Business Society’s octanol product believes that in terms of cost, the price of propylene has fallen, the price of raw materials has fallen, and the pressure of isooctanol’s decline has increased. In terms of supply, the operating rate of isooctanol enterprises is less than 90%, and the operating rate of isooctanol enterprises has decreased, resulting in a decrease in isooctanol supply; In terms of demand, DOP prices have fluctuated and fallen, while DOP companies have seen a slight decrease in production, resulting in a decrease in DOP output and reduced support for isooctanol demand. In the future, the cost of isooctanol will decrease, and coupled with weak supply and demand, the downward pressure on isooctanol will increase. It is expected that the price of isooctanol will fluctuate and fall in the future.