**Isooctanol Market Price Details in Shandong Region on January 4th** | Manufacturer | Dec 31st | Jan 4th | Change | | :--- | :--- | :--- | :--- | | Lihuayi | 6850 RMB/ton | 6900 RMB/ton | +50 RMB/ton | | Luxi Chemical | 6850 RMB/ton | 6900 RMB/ton | +50 RMB/ton | | Hualu Hengsheng | 7050 RMB/ton | 7050 RMB/ton | 0 RMB/ton | On January 3rd, the Business Society Propylene to Isooctanol Commodity Parity Index was 95.00, unchanged from the previous day. This represents a decrease of 52.30% from the cycle high of 199.16 points (April 13, 2020) and an increase of 100.08% from the cycle low of 47.48 points (August 8, 2021). (Note: The cycle refers to the period from January 1, 2012, to the present). The price of raw material propylene fluctuated and declined, while the price of isooctanol also fluctuated and decreased. Downward pressure on isooctanol intensified, and upward support weakened. According to the Business Society Commodity Analysis System: On January 4th, the average market price of isooctanol in Shandong was 6950 RMB/ton, an increase of 0.48% compared to the previous trading day. Upstream propylene market prices showed stabilizing fluctuations, leading to a weakening of cost support for isooctanol. Downstream plasticizer market prices fluctuated and rose, with downstream purchasing interest still present. The operating rate of isooctanol equipment declined, resulting in reduced isooctanol supply. Upward support for isooctanol increased, but downward pressure persists.