Isooctanol Market Price Details in Shandong Region on February 10th
| Manufacturer | February 9th | February 10th | Change |
|---|---|---|---|
| Lihuayi | 6800 RMB/ton | 6500 RMB/ton | -300 RMB/ton |
| Luxi Chemical | 7500 RMB/ton | 7000 RMB/ton | -500 RMB/ton |
| Hualu-Hengsheng | 7500 RMB/ton | 7500 RMB/ton | 0 RMB/ton |
On February 9th, the commodity parity index between propylene and isooctanol from SCC (Shengyishe) was 101.80, an increase of 4.03 points from the previous day. Compared to the cycle's high of 199.16 points (April 13, 2020), it has decreased by 48.89%. Compared to the cycle's low of 47.48 points (August 8, 2021), it has increased by 114.41%. (Note: The cycle refers to the period from January 1, 2012, to the present).
Raw material propylene prices are stabilizing, while isooctanol prices are fluctuating downward. The downward pressure on isooctanol is increasing, and upward support is weakening.
According to SCC's commodity analysis system: On February 10th, the average market price of isooctanol in Shandong was 7000 RMB/ton, a decrease of 3.67% compared to the previous trading day.
Upstream propylene market conditions are fluctuating and stabilizing, with cost support for isooctanol still present. Downstream plasticizer market conditions are fluctuating downward, leading to reduced purchasing enthusiasm from downstream customers. Isooctanol plant operating rates are high, resulting in ample supply. Upward support for isooctanol is weakening, while downward pressure is increasing.
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