February 11th News
On February 11th, Luxi Chemical Group Co., Ltd.'s 380,000-ton-per-year isooctanol plant was operating normally. The isooctanol price was quoted at 6,800 yuan/ton, a decrease of 200 yuan/ton.
Chempricehub's analysis of isooctanol: Bull-bear score: -1
Luxi Chemical's isooctanol plant is operating normally, ensuring stable supply. However, the price has dropped by 200 yuan/ton to 6,800 yuan/ton, reflecting weak market demand or oversupply, which exerts bearish pressure on spot prices. The price decline indicates increased market pessimism, potentially suppressing short-term spot price trends.