Recent price trend of isooctanol
| POLYVINYL ALCOHOL |
It can be seen from the above figure that the ex-factory price of isooctanol in Shandong Province rose slightly this week. This week, the average ex-factory price of isooctanol mainstream manufacturers in Shandong increased from 9066.67 yuan/ton at the beginning of the week to 9300.00 yuan/ton at the end of the week, up 2.57%. Compared with the same period last year, it fell 26.77% year-on-year. The isooctanol commodity index on March 5 was 68.91, which was the same as yesterday, down 49.88% from the highest point of 137.50 (2021-08-08) in the cycle, and up 96.05% from the lowest point of 35.15 on February 1, 2016. (Note: the period refers to September 1, 2011 to now)
Upstream support increases, and downstream demand is better
From the manufacturer’s quotation, the ex-factory quotation of Shandong isooctanol mainstream manufacturers rose slightly this week.
| PVA 2088 (PVA BP20) |
From the perspective of the upstream raw material market of isooctanol, the propylene market rose slightly this week, with the price rising from 7490.60 yuan/ton at the end of last week to 7516.60 yuan/ton at the end of this week, up 0.35%, down 16.64% year-on-year. The market price of upstream raw materials rose slightly, and the cost support increased. Affected by the supply and demand side, it had a positive impact on the price of isooctanol.
From the downstream market of isooctanol, the factory price of DOP rose slightly this week. The price of DOP rose from 9960.00 yuan/ton at the end of last week to 9970.00 yuan/ton at the end of this week, up 0.10%, down 19.03% year-on-year. Downstream DOP prices rose slightly, and downstream customers were active in purchasing isooctanol.
Future prospects
In the middle and first ten days of March, the market price of isooctanol in Shandong Province was mainly subject to small fluctuations. The upstream propylene market fell slightly over the weekend, with insufficient cost support. Downstream DOP market rose slightly, and downstream demand was better. The isooctanol analyst of the business agency believes that the short-term domestic isooctanol market may fall mainly due to small fluctuations under the influence of supply and demand and raw materials.
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