Recent price trend of isooctanol
| sulphamic acid |
As can be seen from the above figure, the ex factory price of isooctanol in Shandong Province has experienced twists and turns this week, with an overall downward trend. This week, the mainstream ex factory average price of isooctanol in Shandong fell from 10933.33 yuan / ton last weekend to 10900.00 yuan / ton on December 6, a decrease of 0.30%, then rose to 11000.00 yuan / ton on December 8, an increase of 0.92%, and finally fell to 10700.00 yuan / ton this weekend, a decrease of 2.73%, a year-on-year increase of 7.36%. Overall, Shandong isooctanol market fell slightly this week. On December 10, the isooctanol commodity index was 78.68, down 1.47 points from yesterday, down 42.78% from the highest point 137.50 in the cycle (2021-08-08), and up 123.84% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)
The upstream support is enhanced and the downstream demand is general
From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong fell this week: Jianlan chemical offered about 10700 yuan / ton of isooctanol this weekend, which fell by 300 yuan / ton compared with last weekend, mainly contract; The quotation of lihuayi isooctanol this weekend is 10700 yuan / ton, which is 100 yuan / ton lower than that last weekend; Hualu Hengsheng offered 10700 yuan / ton of isooctanol this weekend, down 300 yuan / ton compared with last weekend.
From the upstream raw material market of isooctanol, the propylene market rose first and then fell this week. The quotation first rose from 7458.33 yuan / ton last weekend to 7562.17 yuan / ton on December 8, an increase of 1.39%, and then fell to 7505.50 yuan / ton this weekend, a decrease of 0.75%, down 8.15% year-on-year. The market price of upstream raw materials rose slightly, which had a positive impact on the price of isooctanol due to the impact of supply and demand.
From the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. The DOP price dropped from 10850.00 yuan / ton last weekend to 10550.00 yuan / ton this weekend, down 2.76%, up 9.14% year-on-year over the same period last year. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for isooctanol procurement weakened.
Weak demand and bearish outlook
In mid December, the market trend of Shandong isooctanol may fluctuate slightly, mainly falling. The upstream propylene rose slightly and the cost support was strengthened, but there was a downward trend at the weekend. At the same time, the downstream DOP market fell slightly, the downstream market continued to decline, and there was no sign of improvement in demand. According to isooctanol analysts of business society, in mid December, Shandong isooctanol market may fluctuate slightly.
| http://www.sulfamic-acid.com |