February 6th News
On February 6th, Shandong Lihuayi Group Co., Ltd. reported an ex-factory price of 7,200 yuan/ton for isooctanol, with an annual production capacity of 140,000 tons. The price decreased by 200 yuan/ton compared to the previous trading day.
Chempricehub Analysis on Isooctanol
Bull-Bear Score: -1
The article indicates that the ex-factory price of isooctanol from Shandong Lihuayi Group decreased by 200 yuan/ton to 7,200 yuan/ton compared to the previous trading day. The price decline suggests weak market demand or increased supply, exerting significant downward pressure on spot prices. This change reflects a short-term imbalance between market supply and demand, and it is anticipated that spot prices may continue to face pressure in the near term.