Price trend
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Details of the market price of isooctanol in Shandong on February 25 |
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Factory |
February 24 |
February 25 |
variation |
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Lihuayi |
6,500 RMB/ton |
6,500 RMB/ton |
0 RMB/ton |
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Luxi Chemical |
6,600 RMB/ton |
6,600 RMB/ton |
0 RMB/ton |
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Hualu Hengsheng |
6,900 RMB/ton |
6,900 RMB/ton |
0 RMB/ton |
According to the commodity analysis system of SunSirs: On February 25, the average market price of isooctanol in Shandong was 6,666.67 RMB/ton, which was stable compared with the previous trading day.
On February 24th, the price ratio index of propylene to isooctyl alcohol from the SunSirs was 112.40 points, up 1.38 points from the previous day, down 43.56% from the highest point of 199.16 (April 13, 2020) within the cycle, and up 136.73% from the lowest point of 47.48 (August 8, 2021). (Note: The cycle refers to January 1, 2012 to the present).
Market Analysis
Upstream propylene prices were trending towards stabilization, providing continued cost support for isooctanol. Downstream plasticizer prices were also trending towards stabilization, but downstream purchasing activity was weakening. Isooctanol production capacity was at high levels, resulting in ample supply. This weakened upward pressure on isooctanol prices, while downward pressure remained.
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