On January 15, the market for isooctanol in Shandong region remained stable.

Isooctanol Market Price Details in Shandong Region on January 15th

On January 14th, the business-to-business (B2B) platform SCC's propylene-to-isooctanol commodity parity index was 97.90, an increase of 0.16 points from the previous day. Compared to the cycle's high of 199.16 points (April 13, 2020), it has decreased by 50.84%. Compared to the cycle's low of 47.48 points (August 8, 2021), it has increased by 106.19%. (Note: The cycle refers to the period from January 1, 2012, to the present).

Raw material propylene prices have rebounded and risen. Isooctanol prices are fluctuating with an upward trend, with downward pressure weakening and upward support strengthening.

According to SCC's commodity analysis system: On January 15th, the average market price of isooctanol in Shandong was 6983.33 RMB/ton, remaining stable compared to the previous trading day.

Upstream propylene market conditions are fluctuating with an upward trend, maintaining cost support for isooctanol. Downstream plasticizer market conditions are also fluctuating with an upward trend, sustaining downstream purchasing enthusiasm. The operating rate of isooctanol production facilities has increased, ensuring sufficient supply. Overall, upward support for isooctanol persists while downward pressure has weakened.