February 5 News: Details of Isooctanol Market Prices in Shandong Region on February 5 Manufacturer | February 4 | February 5 | Change ---|---|---|--- Lihuayi | 7,550 yuan/ton | 7,400 yuan/ton | -150 yuan/ton Luxi Chemical | 7,700 yuan/ton | 7,700 yuan/ton | 0 yuan/ton Hualu Hengsheng | 7,900 yuan/ton | 7,900 yuan/ton | 0 yuan/ton On February 4, the commodity price ratio index of propylene to isooctanol was 95.82, an increase of 1.31 points compared to the previous day. Compared to the highest point of 199.16 in the cycle (April 13, 2020), it decreased by 51.89%, and compared to the lowest point of 47.48 (August 8, 2021), it increased by 101.81%. (Note: The cycle refers to the period from January 1, 2012, to the present.) The price of raw material propylene has declined, while the price of isooctanol has fluctuated and fallen, increasing the downward pressure on isooctanol and weakening the upward support. According to the commodity analysis system: on February 5, the average market price of isooctanol in Shandong was 7,633.33 yuan/ton, a decrease of 1.08% compared to the previous trading day. Upstream propylene market conditions were weak and consolidating, reducing cost support for isooctanol. Downstream plasticizer market conditions fluctuated and declined, leading to a decrease in downstream purchasing enthusiasm. Isooctanol equipment operates at high capacity, ensuring ample supply of isooctanol. As a result, the upward support for isooctanol has weakened, while downward pressure has intensified.