This week, the price of isooctanol fluctuated and fell

According to the Commodity Market Analysis System of Shengyi Society, as of July 19th, the price of isooctanol was 9480 yuan/ton, which fluctuated and fell by 2.67% compared to the price of 9740 yuan/ton on July 12th last weekend. This week, the price of isooctanol fluctuated and fell, downstream factories purchased according to demand, the plasticizer market declined, downstream enterprises had poor enthusiasm for raw material procurement, Shandong large factories sold at a discount, and the market transaction center shifted downwards, resulting in significant downward pressure on isooctanol.

This week, the price of raw material propylene first fell and then rose

According to the Business Society’s propylene commodity market analysis system, as of July 19th, the price of propylene was 7220.75 yuan/ton, a decrease followed by an increase of 0.35% compared to the price of 7195.75 yuan/ton on July 12th; Compared to July 17th, the price of propylene fluctuated and increased by 7160.75 yuan/ton, with a rise of 0.84%. Crude oil prices first fell and then rose, while propylene cost support still exists; The fluctuation of the equipment has led to a decrease in the production of propylene manufacturers, a tightening of supply from propylene manufacturers, and a halt in the decline and rise in propylene prices.

Downstream plasticizer prices fluctuated and fell this week

According to the Commodity Market Analysis System of Shengyi Society, as of July 19th, the price of plasticizer DOP was 9725 yuan/ton, which fluctuated and fell by 1.89% compared to the DOP price of 9912.50 yuan/ton on July 12th last weekend. The market for phthalic anhydride, a raw material for plasticizers, has fluctuated and stabilized, while the price of isooctanol has fluctuated and fallen. The cost of plasticizers has also decreased, and the price of DOP, a plasticizer, has fluctuated and fallen this week. With the arrival of the hot and rainy season, PVC has entered a seasonal off-season in the industry, with both domestic demand off-season and export reduction coexisting. Downstream manufacturers are in the off-season, with low production levels and weak follow-up on actual transactions. The demand for plasticizers is poor, and there is significant downward pressure on plasticizers.

Future expectations

According to the data analyst of Business Society’s octanol product, in terms of cost, propylene prices first fell and then rose, while isooctanol cost support still exists; On the supply side, isooctanol manufacturers offer discounts for sales, and new orders are generally shipped; In terms of demand, during the off-season of the market, the prices of downstream plasticizers of isooctanol fluctuated and fell, resulting in weak downstream demand. Overall, the stable supply and demand of isooctanol are poor, and cost support still exists. It is expected that the price of isooctanol will remain weak and consolidate in the future.