Last week, the price of isooctanol fluctuated and fell
According to the Commodity Market Analysis System of SunSirs, as of July 14th, the price of isooctanol was 7,550 RMB/ton, a fluctuating decrease of 2.37% compared to the price of 7,733.33 RMB/ton on July 7th. This week, the price of isooctanol fluctuated and fell. The isooctanol enterprise equipment resumed this week, the operating rate of isooctanol equipment increased, the production of isooctanol increased, and the supply of isooctanol increased; Downstream plasticizer companies saw a decrease in production, leading to a decrease in demand for isooctanol and a decrease in supply and demand. As a result, the price of isooctanol fluctuated and fell.
Downstream plasticizer DOP prices fluctuated and fell
According to the Commodity Market Analysis System of SunSirs, as of July 14th, the DOP price was 8,084.17 RMB/ton, a fluctuating decrease of 2.12% compared to the DOP price of 8,259.17 RMB/ton on July 7th. This week, DOP production decreased, and the operating rate of the plasticizer DOP industry dropped to around 40%. Plasticizer production also decreased, and plasticizer prices fluctuated and fell. The production of plasticizer DOP decreased, and the demand for isooctanol was weak.
Market outlook
According to the octanol products data analyst of SunSirs, in terms of demand, the production of DOP equipment by plasticizer companies has decreased, the production of DOP plasticizers has decreased, the demand for isooctanol has decreased, and the support for isooctanol has weakened; In terms of supply, the equipment of isooctanol enterprises has resumed operation, and the supply of isooctanol has increased. In the future, as the supply of isooctanol increases and demand decreases, the price of isooctanol fluctuates and falls.
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