On January 16, the market price details of isooctanol in Shandong region are as follows:

• Lihuayi: 6,950 yuan/ton on January 15, 6,950 yuan/ton on January 16, change of 0 yuan/ton.
• Luxi Chemical: 6,900 yuan/ton on January 15, 6,950 yuan/ton on January 16, change of 50 yuan/ton.
• Hualu Hengsheng: 7,100 yuan/ton on January 15, 7,100 yuan/ton on January 16, change of 0 yuan/ton.

On January 15, the commodity price ratio index of propylene to isooctanol from Business Society was 99.64, an increase of 1.74 points compared to the previous day. Compared to the highest point of 199.16 during the cycle (April 13, 2020), it decreased by 49.97%, and compared to the lowest point of 47.48 on August 8, 2021, it increased by 109.86%. (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 16 was 7,033.33 yuan/ton, an increase of 0.24% compared to the previous trading day.

Upstream propylene prices have fluctuated and risen, providing continued cost support for isooctanol. Downstream plasticizer prices have also fluctuated and risen, maintaining downstream purchasing enthusiasm. The operating rate of isooctanol equipment has increased, ensuring sufficient supply. As a result, the upward support for isooctanol has strengthened, while the downward pressure has diminished.