Price trend
On August 5, the SunSirs’ propylene to isooctanol commodity price index was 97.91 points, up 0.23 points from the previous day, down 50.84% from its cyclical high of 199.16 points (April 13, 2020), and up 106.21% from its cyclical low of 47.48 points (August 8, 2021). (Note: The cyclical period refers to the period from January 1, 2012 to the present).
According to the commodity analysis system of SunSirs: On August 6, the average market price of isooctanol in Shandong was 7,483.33 RMB/ton, which was stable with the previous trading day.
|
Details of the market price of isooctanol in Shandong on August 6th |
|||
|
Factory |
August 5th |
August 6th |
variation |
|
Lihuayi |
7,450 RMB/ton |
7,450 RMB/ton |
0 RMB/ton |
|
Luxi Chemical |
7,400 RMB/ton |
7,400 RMB/ton |
0 RMB/ton |
|
Hualu Hengsheng |
7,600 RMB/ton |
7,600 RMB/ton |
0 RMB/ton |
Analysis review
The upstream propylene market fluctuated downward, weakening the cost support of isooctanol. The downstream plasticizer market fluctuated downward, downstream purchasing enthusiasm weakened. The upward support for isooctanol was weak, and downward pressure still existed.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
