The recent trend of isooctanol price
As can be seen from the above figure, the factory price of isooctanol in Shandong Province rose slightly this week. This week, the average price of the mainstream factory quotation of isooctanol in Shandong Province rose from 15700.00 yuan / ton at the beginning of the week to 15833.33 yuan / ton at the weekend, up 0.85%, up 112.05% compared with the same period last year. Overall, the market of isooctanol rose slightly this week, with the isooctanol commodity index of 116.42 on July 9.
Downstream demand rose, isooctanol rose again
From the manufacturer’s quotation, the factory quotation of Shandong mainstream ISO octanol manufacturers this week increased: Jianlan Chemical Co., Ltd. has not quoted isooctanol this week; Lihuayi offered 16100 yuan / ton of isooctanol this weekend, which was up 200 yuan / ton compared with the beginning of the week; Hualuhengsheng offered 16200 yuan / ton of isooctanol this weekend, which was up 200 yuan / ton compared with the beginning of the week.
From the upstream and downstream industrial chain, the raw material market in the upstream of isooctanol fell slightly this week, with the quotation falling from 7804.91 yuan / ton at the beginning of the week to 7796.73 yuan / ton at the weekend, down 0.10%, up 13.13% compared with the same period last year. The price of upstream raw materials market is high consolidation, which has a positive effect on the price of isooctanol due to the influence of supply and demand.
The downstream market of isooctanol, DOP factory prices rose slightly this week. DOP quotation rose from 13400.00 yuan / ton at the beginning of the week to 13550.00 yuan / ton at the weekend, up 1.12%, up 86.47% compared with the same period last year. The downstream DOP price increased slightly, the downstream customers’ enthusiasm for octanol procurement increased, and the demand for isooctanol was strengthened.
Demand is increasing and the market is bullish
In mid July, Shandong isooctanol market trend or a small fluctuation rose. Overall, the recent start-up of isooctanol units has led to an increase in the overall operating rate of the industry, sufficient spot supply of isooctanol, better downstream market and stronger demand. Therefore, analysts of isooctanol of business agency believe that the domestic market of isooctanol will rise slightly in mid July.
| Sulfamic acid |