On February 3, the market for isooctanol in the Shandong region showed a weak and stabilizing trend.

Isooctanol Market Price Details in Shandong Region on February 3rd

On February 2nd, the business-to-business (B2B) platform 100ppi.com's propylene-to-isooctanol commodity parity index was 93.76, an increase of 0.37 points from the previous day. Compared to the cycle's high of 199.16 points (April 13, 2020), it has decreased by 52.92%. Compared to the cycle's low of 47.48 points (August 8, 2021), it has increased by 97.47%. (Note: The cycle refers to the period from January 1, 2012, to the present).

Raw material propylene prices have declined, isooctanol prices are fluctuating and falling, with increasing downward pressure and weakening upward support for isooctanol.

According to the 100ppi.com commodity analysis system: The average market price of isooctanol in Shandong on February 3rd was 7783.33 RMB/ton, a decrease of 0.64% from the previous trading day's price. Upstream propylene market prices are fluctuating and falling, weakening cost support for isooctanol. Downstream plasticizer market prices are fluctuating and falling, reducing downstream purchasing enthusiasm. Isooctanol plant operating rates are high, supply is ample, leading to weakened upward support and increased downward pressure for isooctanol.