Price trend
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Details of the market price of isooctanol in Shandong on March 25 |
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Factory |
March 24 |
March 25 |
variation |
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Lihuayi |
9,500 RMB/ton |
9,200 RMB/ton |
-300 RMB/ton |
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Luxi Chemical |
9,500 RMB/ton |
9,500 RMB/ton |
50 RMB/ton |
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Hualu Hengsheng |
9,600 RMB/ton |
9,600 RMB/ton |
0 RMB/ton |
According to the SunSirs Commodity Analysis System, the average market price for isooctanol in Shandong stood at 9,433.33 RMB/ton on March 25, marking a decline of 1.05% compared to the previous trading day.
On March 24, the SunSirs Commodity Price Comparison Index for Propylene and Isooctanol stood at 108.83 points, a decrease of 3.37 points from the previous day. This represents a decline of 45.36% from the cycle's peak of 199.16 points (recorded on April 13, 2020) and an increase of 129.21% from the cycle's low of 47.48 points (recorded on August 8, 2021). (Note: The cycle period covers January 1, 2012, to the present.)
Market analysis
With upstream propylene prices trending downward, cost support for isooctanol had weakened; conversely, rising prices in the downstream plasticizer market had sustained purchasing enthusiasm among buyers. Isooctanol production facilities were operating at high utilization rates, ensuring an ample supply of the product; consequently, upward price support for isooctanol had diminished, while downward pressure on prices persisted.
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