Isooctanol Market Price Details in Shandong Region on January 28th
| Manufacturer | January 27th | January 28th | Change |
|---|---|---|---|
| Lihuayi | 7400 RMB/ton | 7600 RMB/ton | +200 RMB/ton |
| Luxi Chemical | 7400 RMB/ton | 7650 RMB/ton | +250 RMB/ton |
| Hualu Hengsheng | 7700 RMB/ton | 7850 RMB/ton | +150 RMB/ton |
On January 27th, the propylene-to-isooctanol commodity parity index from SCC was 98.13, a decrease of 0.76 points from the previous day. Compared to the cycle's high of 199.16 points (April 13, 2020), it has decreased by 50.73%. Compared to the cycle's low of 47.48 points (August 8, 2021), it has increased by 106.68%. (Note: The cycle refers to the period from January 1, 2012, to the present).
The price of raw material propylene is fluctuating upward, and the price of isooctanol is also fluctuating upward. Downward pressure on isooctanol has weakened while upward support persists.
According to the SCC Commodity Analysis System: On January 28th, the average market price of isooctanol in Shandong was 7650 RMB/ton, an increase of 1.73% compared to the previous trading day.
Upstream propylene prices are fluctuating upward, increasing cost support for isooctanol. Downstream plasticizer prices are also fluctuating upward, leading to increased purchasing enthusiasm from downstream customers. Isooctanol plant operating rates remain high and stable, ensuring sufficient supply. Overall, upward support for isooctanol has strengthened while downward pressure has weakened.
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