Price trend:
|
Details of the market price of isooctanol in Shandong on December 18th |
|||
|
Factory |
December 17th |
December 18th |
variation |
|
Lihuayi |
6,700 RMB/ton |
6,700 RMB/ton |
0 RMB/ton |
|
Luxi Chemical |
6,700 RMB/ton |
6,700 RMB/ton |
0 RMB/ton |
|
Hualu Hengsheng |
6,900 RMB/ton |
6,900 RMB/ton |
0 RMB/ton |
On December 17th, SunSirs’ propylene and isooctanol price comparison index was 104.49 points, an increase of 1.1 points compared to the previous day. This represented a decrease of 47.53% from the highest point of 199.16 points (April 13, 2020) within the cycle, and an increase of 120.07% from the lowest point of 47.48 points on August 8, 2021. (Note: The cycle refers to the period from January 1, 2012 to the present.)
According to SunSirs’ commodity analysis system: On December 18th, the average market price of isooctanol in Shandong was 6,766.67 RMB/ton, remaining stable compared to the previous trading day.
Market Analysis
The upstream propylene market was fluctuating but stabilizing, and cost support for isooctanol remained. The downstream plasticizer market was weak and consolidating, but downstream purchasing activity persisted. Isooctanol plant operating rates had decreased. The upward support for isooctanol was weakening, and downward pressure remained.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
