The price of isooctanol fluctuated and rose this week

The price of isooctanol fluctuated and rose this week

According to the Commodity Market Analysis System of Business Society, as of April 22, the quotation for isooctanol was 9640 yuan/ton, an increase of 1.26% compared to the quotation of 9520 yuan/ton on April 15; Compared to April 1st, the price of isooctanol fluctuated and decreased by 4.17% to 10060 yuan/ton. This week, the price of isooctanol has fluctuated and risen, while the price of raw material propylene has fluctuated and risen. With cost support, the downward pressure on isooctanol has weakened, and the upward momentum has increased; Downstream customers still have purchasing enthusiasm, while iso octanol manufacturers are actively shipping. The positive support for iso octanol is significant.

This week, the price of propylene rose first and then fell

According to the propylene commodity market analysis system of Business Society, as of April 22, the propylene price was 6870.60 yuan/ton, a decrease of 0.32% from the propylene price of 6892.60 yuan/ton on April 14; Compared to April 1st, the price of propylene fluctuated and increased by 0.32% to 6848.60 yuan/ton. The price of crude oil continues to rise, while the cost of propylene increases. In April, the price of propylene fluctuated slightly and rose; Downstream production of propylene has decreased, downstream customers have just needed to purchase, propylene enterprises have sufficient supply, propylene enterprises have decreased their willingness to raise prices, and propylene prices have fallen from high levels.

This week, the downstream of the isooctanol industry chain fluctuated and rose

According to the Commodity Market Analysis System of Business Society, the isooctanol industry chain has fluctuated and risen this week. The downstream products of the isooctanol industry chain have all experienced varying degrees of increase, and the demand for isooctanol has increased. This week, the price of isooctanol has fluctuated and risen. Downstream demand is rising, and the support for the rise of isooctanol in the future is increasing.

Future expectations

According to analysts from Business Society’s octanol product data, in terms of cost, the price of propylene first rose and then fell, while the cost support for isooctanol weakened; On the supply side, iso octanol manufacturers have low inventory and smooth shipments; In terms of demand, the prices of downstream products in the isooctanol industry chain have fluctuated and increased this week, with increased support from downstream demand. In the future, the supply of octanol is stable and demand is increasing, with insufficient cost support. It is expected that the price of octanol will fluctuate slightly and rise in the future.