The price of isooctanol fluctuated and fell in September
According to the Commodity Market Analysis System of Shengyi Society, as of September 30th, the price of isooctanol was 6666.67 yuan/ton, a fluctuating decrease of 7.62% compared to the price of 7216.67 yuan/ton on September 1st. In September, the isooctanol enterprise plant remained stable at a high level, and the operating rate of isooctanol equipment remained stable at 96%. The production capacity of isooctanol increased, and the supply of isooctanol increased; Downstream plasticizer companies have seen a slight decrease in production, with limited demand support for isooctanol and limited demand due to increased supply. 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 September 30th, the DOP price was 7367.50 yuan/ton, a fluctuating decrease of 2.92% compared to the DOP price of 7589.17 yuan/ton on September 1st. In September, DOP prices fluctuated and fell, leading to a consolidation in the operating load of DOP enterprises and a slight decrease in operating rates. The demand support for isooctanol weakened, resulting in a fluctuating decline in isooctanol prices.
Future expectations
According to the data analyst of Business Society’s octanol product, on the supply side, the equipment operating load of isooctanol enterprises has been consolidating at a high level, coupled with the addition of new production capacity of isooctanol, the supply of isooctanol is sufficient. In terms of demand, DOP prices have fluctuated and fallen, while DOP companies have seen a slight decrease in production, and the support for isooctanol demand has weakened. In the future, as the supply of isooctanol increases and demand support weakens, it is expected that the price of isooctanol will remain weak and consolidate.