Price trend
On July 7th, the commodity price index of propylene and isooctanol in SunSirs was 97.79 points, a decrease of 3.98 points from the previous day, a decrease of 50.90% from the highest point of 199.16 points during the cycle (2020-04-13), and an increase of 105.96% from the lowest point of 47.48 points on August 8th, 2021. (Note: The period refers to January 1, 2012 to present).
According to the commodity analysis system of SunSirs, the average market price of isooctanol in Shandong on July 8th was 7,733.33 RMB/ton, which was weak and temporarily stable compared to the previous trading day.
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Details of the market price of isooctanol in Shandong on July 8 |
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Factory |
July 7th |
July 8th |
variation |
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Lihuayi |
7,700 RMB/ton |
7,700 RMB/ton |
0 RMB/ton |
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Luxi Chemical |
7,700 RMB/ton |
7,600 RMB/ton |
-100 RMB/ton |
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Hualu Hengsheng |
7,900 RMB/ton |
7,900 RMB/ton |
0 RMB/ton |
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Analysis review
The upstream propylene market was fluctuating and stabilizing, while the cost support of isooctanol still existed. The downstream plasticizer market was declining, and downstream purchasing enthusiasm still existed. The upward support for isooctanol had weakened, and downward pressure still existed.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
