Price trend
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Details of the market price of isooctanol in Shandong on June 10 |
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Factory |
June 9 |
June 10 |
variation |
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Lihuayi |
8,100 RMB/ton |
8,100 RMB/ton |
0 RMB/ton |
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Luxi Chemical |
8,200 RMB/ton |
8,200 RMB/ton |
0 RMB/ton |
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Hualu Hengsheng |
8,200 RMB/ton |
8,300 RMB/ton |
100 RMB/ton |
On June 9, the commodity price ratio index between propylene and isooctanol (tracked by SunSirs) stood at 124.41 points, down 0.27 points from the previous day; this represents a 37.53% decline from the period high of 199.16 points (recorded on April 13, 2020) and a 162.03% increase from the period low of 47.48 points (recorded on August 8, 2021). (Note: The period spans from January 1, 2012, to the present.)
According to the SunSirs commodity analysis system, the average market price of isooctanol in Shandong was 8,200 RMB/ton on June 10, an increase of 0.41% from the previous trading day.
Market analysis
Upstream propylene prices are trending downward, easing the downward pressure on isooctanol costs; meanwhile, the market for downstream plasticizers is stabilizing, and downstream purchasing interest remains active. With isooctanol production facilities operating at high capacity, supply is plentiful; while support for price increases persists, downward pressure has diminished.
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