Price trend
|
Details of the market price of isooctanol in Shandong on February 11 |
|||
|
Factory |
February 10 |
February 11 |
variation |
|
Lihuayi |
6,500 RMB/ton |
6,500 RMB/ton |
0 RMB/ton |
|
Luxi Chemical |
7,000 RMB/ton |
6,800 RMB/ton |
-200 RMB/ton |
|
Hualu Hengsheng |
7,500 RMB/ton |
7,000 RMB/ton |
-500 RMB/ton |
According to the commodity analysis system of SunSirs: On February 11, the average market price of isooctanol in Shandong was 6,766.67 RMB/ton, a decrease of 3.33% compared with the previous trading day.
On February 10th, the price ratio index of propylene to isooctanol from the SunSirs was 105.69 points, up 3.89 points from the previous day, down 46.93% from the highest point of 199.16 (April 13, 2020) within the cycle, and up 122.60% from the lowest point of 47.48 (August 8, 2021). (Note: The cycle refers to the period from January 1, 2012 to the present).
Market analysis
Upstream propylene prices were fluctuating but stabilizing, providing continued cost support for isooctanol. Downstream plasticizer prices were fluctuating and declining, leading to reduced purchasing activity from downstream users.Isooctanol production capacity was at high levels, resulting in ample supply. The upward support for isooctanol prices was weakening, while downward pressure was increasing.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
