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[Industry Focus]：Downstream market support, isooctanol shock rise

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Shandong isooctanol in January factory price fluctuations. The price of isooctanol rose by 9.59 from 9733.33 yuan/ton at the beginning of the month to 1066.67 yuan/ton at the end of the month. Year-on-year decline of 11.60 percent.

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On November 30,

, the isooctanol commodity index was 77.45, unchanged from yesterday's highest point of 137.50 points (2021-08-08), down 43.67 percent from February 1, 2016, the lowest point of 35.15 points up 120.34 percent.

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from the manufacturer's quotation, this month Shandong isooctanol mainstream manufacturers prices rose slightly, manufacturers inventory in general. Lihua Yi isooctanol quoted 10600 yuan/ton at the end of the month and 800 yuan/ton at the beginning of the month. Maintenance of isooctanol plant in Jianlan Chemical Industry; Hualu Hengsheng quoted 10800 yuan/ton at the end of the month and 1200 yuan/ton at the beginning of the month.

Isooctanol upstream support better, downstream demand increases

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From the perspective of the upstream and downstream industrial chain, the upstream propylene market fluctuated slightly this month. The price of propylene rose from 724.60 yuan/ton at the beginning of the month to 7570.60 yuan/ton at the end of the month, an increase of 4.50, and a year-on-year decrease of 2.32 from the same period last year. Good cost support has a positive impact on the price of isooctanol. Downstream DOP prices rose slightly. DOP prices rose from 9750.00 yuan/ton at the beginning of the month to 10710.00 yuan/ton at the end of the month, up 9.85 percent from the same period last year and down 6.26 percent from the same period last year. The downstream market rose slightly, and the enthusiasm of downstream customers to buy isooctanol increased.

isooctanol after

slightly volatile rise

In mid-February and early February, the domestic isooctanol market may fluctuate slightly, mainly due to consolidation. Upstream propylene prices rose slightly, cost support is good, downstream DOP market rose slightly, downstream manufacturers to isooctanol procurement enthusiasm increased, supply and demand contradictions under the product trend increased. Isooctanol analysts believe that in the short term, under the influence of supply and demand and raw materials, the domestic isooctanol market may be slightly volatile.

Source: Business News

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