Price Details of Isooctanol Market in Shandong Region on January 12 Manufacturer | January 9 | January 12 | Change ---|---|---|--- Lihuayi | 6,950 yuan/ton | 6,950 yuan/ton | 0 yuan/ton Luxi Chemical | 6,900 yuan/ton | 6,900 yuan/ton | 0 yuan/ton Hualu Hengsheng | 7,100 yuan/ton | 7,100 yuan/ton | 0 yuan/ton On January 11, the commodity price ratio index of propylene to isooctanol on Business Society was 96.61, unchanged from the previous day. Compared with the highest point of 199.16 in the cycle (April 13, 2020), it decreased by 51.49%, and compared with the lowest point of 47.48 on August 8, 2021, it increased by 103.48%. (Note: The cycle refers to the period from January 1, 2012, to the present.) The price of raw material propylene has rebounded and risen, while the price of isooctanol has fluctuated upward. The downward pressure on isooctanol has weakened, and the upward support has increased. According to the Business Society commodity analysis system, the average market price of isooctanol in Shandong on January 12 was 6,983.33 yuan/ton, remaining stable compared to the previous trading day. Upstream propylene prices have fluctuated and risen, increasing cost support for isooctanol. Downstream plasticizer prices have also fluctuated upward, and downstream purchasing enthusiasm remains. The operating rate of isooctanol equipment has declined, leading to a reduction in isooctanol supply. As a result, upward support for isooctanol has strengthened, while downward pressure has weakened.