Isooctanol Market Price Details in Shandong Region on February 6th
| Manufacturer | February 5th | February 6th | Change |
|---|---|---|---|
| Lihuayi | 7400 RMB/ton | 7200 RMB/ton | -200 RMB/ton |
| Luxi Chemical | 7700 RMB/ton | 7700 RMB/ton | 0 RMB/ton |
| Hualu-Hengsheng | 7900 RMB/ton | 7800 RMB/ton | -100 RMB/ton |
On February 5th, the propylene-to-isooctanol commodity parity index from SCC was 96.92, an increase of 1.1 points from the previous day. Compared to the cycle's high of 199.16 points (April 13, 2020), it has decreased by 51.34%. Compared to the cycle's low of 47.48 points (August 8, 2021), it has increased by 104.13%. (Note: The cycle refers to the period from January 1, 2012, to the present).
With the decline in the price of the raw material propylene, the price of isooctanol has experienced a volatile decline. Downward pressure on isooctanol has intensified while upward support has weakened.
According to SCC's commodity analysis system: On February 6th, the average market price of isooctanol in Shandong was 7566.67 RMB/ton, a decrease of 0.87% from the previous trading day.
Upstream propylene prices are fluctuating and consolidating, providing some remaining cost support for isooctanol. Downstream plasticizer prices are experiencing a volatile decline, leading to weakened purchasing enthusiasm from downstream customers. Isooctanol plant operating rates are high, resulting in ample supply. Consequently, upward support for isooctanol has weakened, while downward pressure persists.
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