SunSirs: Cost Supported, Downstream Recovered, Isooctanol Price Stopped Falling and Rebounded

Last week, the price of isooctanol stopped falling and rebounded 

According to the Commodity Market Analysis System of SunSirs, as of June 13th, the price of isooctanol was 7,390 RMB/ton, a rebound from the price of 7,550 RMB/ton on June 6th, with a price drop of 2.12%; Compared to June 11th, the price of isooctanol rebounded and rose by 0.09% to 7,383.33 RMB/ton. This week, the price of isooctanol rebounded and stopped falling, as downstream plasticizers showed a rebound in demand for isooctanol.

Downstream plasticizer DOP prices stopped falling and rebounded

According to the Commodity Market Analysis System of SunSirs, as of June 13th, the DOP price was 8,250.83 RMB/ton, which rebounded and increased by 0.10% compared to the price of 8,242.50 RMB/ton on June 11th; Compared to June 6th, the DOP price of 8,267.50 RMB/ton first fell and then rose, with a decrease of 0.20%. This week, DOP prices rebounded and rose, plasticizer companies maintained stable operating loads, plasticizer production remained stable, demand for isooctanol rebounded, and isooctanol prices stopped falling and rebounded.

Market outlook

According to the octanol product data analyst of SunSirs, plasticizer companies had stable production, demand for plasticizers hax rebounded, production of plasticizer companies remained stable, and downstream demand for isooctanol rebounded; The price of crude oil continued to rise significantly, and the cost of isooctanol raw materials increased. In the future, cost supported demand is expected to rebound, and the price of isooctanol is expected to stop falling and rebound.

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