According to the commodity market analysis system of SunSirs, as of June 6, the price of isooctanol was 7550 RMB/ton, which fell first and then rose compared with the price of 7550 RMB/ton on June 1, and the price stabilized; it rose by 1.12% compared with the price of 7466.67 RMB/ton on June 4. The price of isooctanol in June failed to continue the upward trend in May and fell slightly. As downstream customers replenished their stocks at low prices, the demand for isooctanol rebounded, and the price of isooctanol fell first and then rose.
The price of downstream plasticizer DOP fell first and then rose
According to the commodity market analysis system of SunSirs, as of June 6, the price of DOP was 8267.50 RMB/ton, which fell first and then rose compared with the price of 8250.83 RMB/ton on June 1, and the increase was 0.20%; it fluctuated and rose compared with the price of 8192.50 RMB/ton on June 3, and the increase was 0.92%. The operating rate of plasticizer DOP enterprises is temporarily stable at a low level. The demand for plasticizers has temporarily recovered after the Dragon Boat Festival. The output of plasticizers is stable. The demand for isooctanol has temporarily recovered. The price of isooctanol has fallen first and then risen.
Market outlook
Analysts of the data of isooctanol products of SunSirs believe that the operating rate of plasticizer enterprises is stable, the demand for plasticizers has temporarily recovered, the output of plasticizer enterprises is stable, and the downstream demand for isooctanol is stable. For the market outlook, both supply and demand are weak. It is expected that the price of isooctanol will fall first and then rise.
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