**Isooctanol Market Price Details in Shandong Region on January 5th** | Manufacturer | January 4th | January 5th | Change | | :--- | :--- | :--- | :--- | | Lihuayi | 6900 RMB/ton | 6900 RMB/ton | 0 RMB/ton | | Luxi Chemical | 6850 RMB/ton | 6850 RMB/ton | 0 RMB/ton | | Hualu Hengsheng | 7050 RMB/ton | 7050 RMB/ton | 0 RMB/ton | On January 4th, the business-to-commodity price ratio index between propylene and isooctanol from the business community was 94.70. This represents a decrease of 0.3 points compared to the previous day, a decrease of 52.45% from the cycle's high of 199.16 points (April 13, 2020), and an increase of 99.45% from the cycle's 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 community's commodity analysis system: The average market price of isooctanol in Shandong on January 5th was 6933.33 RMB/ton, remaining stable compared to the previous trading day. Upstream propylene market conditions fluctuated and stabilized, leading to a weakening of cost support for isooctanol. Downstream plasticizer market conditions fluctuated and rose, and downstream purchasing enthusiasm persisted. The operating rate of isooctanol equipment declined, resulting in a decrease in isooctanol supply. Upward support for isooctanol increased, but downward pressure still exists.