Price trend
On August 12, the SunSirs’ propylene to isooctanol commodity price index was 103.99 points, up 0.67 points from the previous day, down 47.79% from its cyclical high of 199.16 points (April 13, 2020), and up 119.02% 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 13, the average market price of isooctanol in Shandong was 7,366.67 RMB/ton, down 0.23% from the previous trading day.
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Details of the market price of isooctanol in Shandong on August 13th |
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Factory |
August 5th |
August 6th |
variation |
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Lihuayi |
7,350 RMB/ton |
7,350 RMB/ton |
0 RMB/ton |
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Luxi Chemical |
7,300 RMB/ton |
7,300 RMB/ton |
0 RMB/ton |
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Hualu Hengsheng |
7,500 RMB/ton |
7,450 RMB/ton |
-50 RMB/ton |
Analysis review
The upstream propylene market fluctuated and consolidated, weakening the cost support of isooctanol. The downstream plasticizer market fluctuated and fell, and 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.
