Last week, the price of isooctanol was consolidating strongly 

According to the Commodity Market Analysis System of SunSirs, as of July 21st, the price of isooctanol was 7,650 RMB/ton, a decrease followed by an increase of 0.66% compared to the price of 7,600 RMB/ton on July 11th. Last week, the price of isooctanol fluctuated and consolidated. The equipment of isooctanol enterprises resumed, the operating rate of isooctanol equipment increased, the production of isooctanol increased, and the supply of isooctanol increased; Downstream plasticizer companies had 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 was strongly consolidated.

Downstream plasticizer DOP prices fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of July 21st, the DOP price was 8,059.16 RMB/ton, a fluctuating decrease of 1.43% compared to the DOP price of 8,175.84 RMB/ton on July 11th. DOP production has increased, and the operating rate of the plasticizer DOP industry had recovered to 50%. Plasticizer production increased, and plasticizer prices had fluctuated and fallen. The production of plasticizer DOP had increased, leading to an increase in demand for isooctanol.

Future outlook:

According to the octanol products data analyst of SunSirs, in terms of demand, the increase in DOP equipment production by plasticizer companies 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 had 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.

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