As can be seen from the above figure, the ex factory price of Shandong isooctanol fell violently this month, from 8900.00 yuan / ton at the beginning of the month to 8166.67 yuan / ton at the end of the month, a decrease of 8.24%. Compared with the same period last year, it fell by 56.25%.
| PVA 2088 (PVA BP20) |
On July 27, the isooctanol commodity index was 60.54, unchanged from yesterday, down 55.97% from the highest point 137.50 in the cycle (2021-08-08), and up 72.23% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to 2011-09-01 to now)
Shandong isooctanol market in July
Judging from the manufacturer’s quotation, the price of Shandong isooctanol mainstream manufacturers fell slightly this month, and the manufacturer’s inventory is general.
Insufficient upstream support and weak downstream demand
| POLYVINYL ALCOHOL |
From the perspective of upstream and downstream industrial chains, the upstream propylene market fell slightly this month. The propylene price fell from 7680.60 yuan / ton at the beginning of the month to 7234.60 yuan / ton at the end of the month, a decrease of 5.81%, a year-on-year decrease of 7.51% compared with the same period last year, and the cost support is insufficient. Downstream DOP prices fell slightly. The DOP price fell from 9550.00 yuan / ton at the beginning of the month to 8875.00 yuan / ton at the end of the month, a decrease of 7.07%, and a year-on-year decrease of 43.56% compared with the same period last year. The downstream market fell slightly, and downstream customers’ enthusiasm for purchasing isooctanol weakened. On the whole, the upstream and downstream products had a negative impact on the price of isooctanol this month.
Slightly volatile decline in the aftermarket
In the middle and early August, the domestic isooctanol market may decline slightly, mainly finishing. The upstream propylene price has fallen slightly recently, the cost support is insufficient, the downstream DOP market has fallen slightly, and there is still a downward trend at the end of the month. The downstream manufacturers’ enthusiasm for purchasing isooctanol has weakened, and the product trend has declined under the contradiction between supply and demand. The isooctanol analyst of business society believes that in the short term, the domestic isooctanol market may fluctuate and decline slightly under the influence of supply and demand, raw materials and other aspects.
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