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[Industry Focus]：The market price of isooctanol rose slightly in Shandong

Read： 354 Time：19months ago Source：生意社

This week, Shandong isooctanol market prices rose slightly. This week, the average price of isooctanol in the mainstream market in Shandong rose from 963.33 yuan/ton at the beginning of the week to 9791.67 yuan/ton at the weekend, an increase of 1.64. Prices fell 22.70 percent year-on-year over the weekend. On May 22, the isooctanol commodity index was 71.14, down 0.86 points from yesterday, down 48.26 from the cycle's highest point of 137.50 points (2021-08-08), and up 102.39 from the lowest point of 35.15 points on February 1, 2016 (Note: Cycle refers to 2011-09-01)

upstream support is better, downstream demand weakens.

From the supply side, this week, the quotations of mainstream manufacturers of isooctanol in Shandong rose and fell with each other, and the inventory was average: the ex-factory price of isooctanol at the weekend was 9600 yuan/ton. Compared with the beginning of the week, the quotation decreased by 350 yuan/ton. Hualu Hengsheng isooctanol weekend ex-factory price is 9800 yuan/ton. Compared with the beginning of the week, the quotation decreased by 500 yuan/ton. The weekend market price of isooctanol in Luxi Chemical Industry is 9950 yuan/ton. Compared with the beginning of the week, the quotation rose by 550 yuan/ton.

From the perspective of the upstream raw material market of isooctanol, the acrylic acid market rose slightly this week, with the price rising from 6870.60 yuan/ton at the beginning of the week to 6933.25 yuan/ton at the weekend, up 0.91 percent. Prices fell 16.77 percent year-on-year over the weekend. Upstream raw material market prices rose slightly, cost support is good. Affected by supply and demand, the price of isooctanol has a favorable impact.

From the downstream market of isooctanol, the ex-factory price of DOP fell slightly this week. DOP prices fell from 10109.17 yuan/ton at the beginning of the week to 9984.17 yuan/ton at the weekend, a decline of 1.24. Prices fell 16.80 percent year-on-year over the weekend. Downstream DOP prices fell slightly, and downstream customers actively weakened isooctanol purchases.

In late May, the Shandong isooctanol market may experience small fluctuations and declines. Upstream acrylic market rose slightly, better cost support. However, the downstream DOP market fell slightly and downstream demand weakened. Under the short-term impact of supply and demand and raw materials, the domestic isooctanol market may experience small fluctuations and declines.