1、 Price trend
The ex factory price of ISO octanol in Shandong Province rose this week, and it showed a downward trend over the weekend. This week, the average price of isooctanol in Shandong Province rose from 15700.00 yuan / ton at the beginning of the week to 16266.67 yuan / ton at the end of the week, up 3.61%, 147.09% year-on-year compared with the same period last year. On the whole, the market of ISO octanol rose this week, and there was a downward trend over the weekend. The commodity index of ISO octanol on February 26 was 119.61.
2、 Market analysis
In terms of manufacturers’ quotations, the factory quotations of mainstream ISO octanol manufacturers in Shandong rose this week: Jianlan chemical quoted 16300 yuan / ton of ISO octanol this weekend, up 300 yuan / ton compared with the beginning of the week; lihuayi quoted 16000 yuan / ton of ISO octanol this weekend, up 900 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 16500 yuan / ton of ISO octanol this week, up 100 yuan / ton compared with the beginning of the week Up 500 yuan / ton.
From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of ISO octanol rose slightly this week, with the quoted price rising from 8345.45 yuan / ton at the beginning of the week to 8554.64 yuan / ton at the end of the week, an increase of 2.51%, and a year-on-year increase of 29.97%. The price of raw materials in the upstream market rose slightly, affected by the supply and demand side, which had a positive impact on the price of isooctanol.
Isooctanol downstream market, DOP factory price rose slightly this week. DOP quotation increased by 1.80% from 13900.00 yuan / ton at the beginning of the week to 14150.00 yuan / ton at the end of the week, up 95.62% over the same period of last year. The price of DOP in downstream increased, the enthusiasm of downstream customers for octanol procurement increased, and the demand for ISO octanol was better.
3、 Future forecast
In the first ten days of March, the market trend of isooctanol in Shandong may fluctuate slightly. The upstream propylene market was consolidated at a high level, the raw material support was strong, the downstream DOP market rose slightly, the downstream purchasing enthusiasm was enhanced, and the supply of isooctanol was insufficient. Isooctanol analysts of business society think: in early March, under the influence of supply and demand, raw materials and other aspects, the market of isooctanol in Shandong may fluctuate slightly.
| Sulfamic acid |