This week, the price of isooctanol has been consolidating strongly

According to the Commodity Market Analysis System of Shengyi Society, as of July 21st, the price of isooctanol was 7650 yuan/ton, a decrease followed by an increase of 0.66% compared to the price of 7600 yuan/ton on July 11th. This week, the price of isooctanol fluctuated and consolidated. The equipment of isooctanol enterprises resumed this week, the operating rate of isooctanol equipment increased, the production of isooctanol increased, and the supply of isooctanol increased; Downstream plasticizer companies have increased their production, leading to an increase in demand for isooctanol and a double increase in supply and demand. As a result, the price of isooctanol has been strongly consolidated.
Downstream plasticizer DOP prices fluctuate and fall
According to the Commodity Market Analysis System of Shengyi Society, as of July 21st, the DOP price was 8059.16 yuan/ton, a fluctuating decrease of 1.43% compared to the DOP price of 8175.84 yuan/ton on July 11th. This week, DOP production has increased, and the operating rate of the plasticizer DOP industry has recovered to 50%. Plasticizer production has increased, and plasticizer prices have fluctuated and fallen. The production of plasticizer DOP has increased, leading to an increase in demand for isooctanol.
Future expectations
According to the data analyst of Shengyi Society’s octanol products, in terms of demand, the increase in DOP equipment production by plasticizer companies has led to an increase in DOP output and demand for isooctanol, resulting in increased support for isooctanol; In terms of supply, the equipment production of isooctanol enterprises has increased, resulting in an increase in the supply of isooctanol. In the future, as the supply of isooctanol increases and demand recovers, the price of isooctanol will experience strong fluctuations and consolidation.