The price of isooctanol fluctuated and rose in July
According to the Commodity Market Analysis System of Shengyi Society, as of July 7th, the price of isooctanol was 7733.33 yuan/ton, a fluctuating increase of 2.43% compared to the price of 7550 yuan/ton on July 1st. In July, the price of isooctanol fluctuated and rose, with many isooctanol enterprises undergoing maintenance, resulting in a decrease in the operating rate of isooctanol equipment, a reduction in isooctanol production, and a decrease in isooctanol supply; Downstream plasticizer companies have seen a decline in production, resulting in a decrease in demand for isooctanol and a decrease in both supply and demand. As a result, the price of isooctanol has fluctuated and risen.
Downstream plasticizer DOP prices fluctuate and rise
According to the Commodity Market Analysis System of Shengyi Society, as of July 7th, the DOP price was 8259.17 yuan/ton, which first fell and then rose compared to the DOP price of 8259.17 yuan/ton on July 1st, and the overall price has stabilized; Compared to the DOP price of 8184.16 yuan/ton on July 2nd, it has increased by 0.92%. In July, DOP production decreased, and the operating rate of the plasticizer industry dropped to around 50%. Plasticizer production also decreased, and plasticizer prices fluctuated and rose. The production of plasticizers has decreased, and the demand for isooctanol is weak.
Future expectations
According to the data analyst of Shengyi Society’s octanol product, in terms of demand, the equipment operation of plasticizer enterprises has decreased, the production of plasticizers has decreased, the demand for isooctanol is weak, and the support for isooctanol has weakened; On the supply side, the production of isooctanol enterprises has decreased, and the supply of isooctanol has decreased. In the future, as supply decreases and demand weakens, the price of isooctanol fluctuates and rises.
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