January 4th News
On January 4th, Luxi Chemical Group Co., Ltd. reported that its annual production capacity of 380,000 tons of isooctanol is operating normally. The quoted price for isooctanol is 6,900 yuan per ton, representing an increase of 50 yuan per ton.
Chempricehub's analysis of isooctanol indicates a bullish-bearish score of 1. The spot price of Luxi Chemical's isooctanol has risen by 50 yuan per ton to 6,900 yuan per ton. The normal operation of the facility suggests stable supply, while the price increase reflects either strengthened demand or rising cost pressures, which is favorable for the spot market. In the short term, this may support an upward trend in prices.