Last week, the price of isooctanol fluctuated and fell

According to the SunSirs commodity market analysis system, as of August 25th, the price of isooctanol was 7,316.67 RMB/ton, a 0.81% decrease from the price of 7,376.67 RMB/ton on August 15th. Last week, the price of isooctanol fluctuated downward. Production at isooctanol plants resumed in August, with the utilization rate rising to 92% last week. This, coupled with new production capacity, had increased the supply of isooctanol. Downstream plasticizer plants were operating steadily, and demand for isooctanol from plasticizers was stable, leading to increased supply. Last week, the price of isooctanol fluctuated downward.

The price of the downstream plasticizer DOP stopped falling and rebounded

According to the SunSirs Commodity Market Analysis System, as of August 25, the price of DOP was 7,759.16 RMB/ton, a decrease followed by an increase compared to the previous price of 7,759.16 RMB/ton on August 15. DOP prices fell slightly last week, driven by sufficient plasticizer production and stable demand for isooctanol, weakening support for rising isooctanol prices.

Market outlook

Analysts of SunSirs believe that on the supply side, increased production capacity and the commissioning of new isooctanol production capacity were driving an increase in isooctanol supply. As for the future market, the supply of isooctanol increase, the demand will be temporarily stable, and the isooctanol market will accumulate inventory. It is expected that the price of isooctanol will weakly stabilize in the future market.

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