January 5th News
On January 5th, Luxi Chemical Group Co., Ltd. reported normal operation of its 380,000-ton-per-year isooctanol plant, with the isooctanol price quoted at 6,850 yuan/ton, a decrease of 50 yuan/ton. Chempricehub analyzed isooctanol, giving it a bearish score of -1. The article indicates that Luxi Chemical's isooctanol price has dropped by 50 yuan/ton to 6,850 yuan/ton, with the plant operating normally, suggesting stable or increasing supply. However, demand may be insufficient, leading to downward pressure on spot prices. This reflects a short-term oversupply situation in the market, exerting a generally bearish impact on isooctanol spot prices.