**Isooctanol Market Price Details in Shandong Region on January 8th** | Manufacturer | January 7th | January 8th | Change | | :--- | :--- | :--- | :--- | | Lihuayi | 6900 CNY/Ton | 6950 CNY/Ton | +50 CNY/Ton | | Luxi Chemical | 6850 CNY/Ton | 6900 CNY/Ton | +50 CNY/Ton | | Hualu Hengsheng | 7050 CNY/Ton | 7100 CNY/Ton | +50 CNY/Ton | On January 7th, the business-to-business price ratio index between propylene and isooctanol on SCC was 96.25, an increase of 0.16 points from the previous day. This represents a decrease of 51.67% from the cycle's high of 199.16 points (April 13, 2020) and an increase of 102.72% 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). With raw material propylene prices rebounding and adjusting, isooctanol prices have experienced a volatile increase. The downward pressure on isooctanol has weakened while upward support has strengthened. According to the SCC commodity analysis system: On January 8th, the average market price of isooctanol in Shandong was 6983.33 CNY/ton, representing a price increase of 0.72% compared to the previous trading day. Upstream propylene prices are rebounding and rising, increasing cost support for isooctanol. Downstream plasticizer markets are experiencing volatile price increases, and downstream purchasing enthusiasm persists. The operating rate of isooctanol production equipment has declined, leading to a reduction in isooctanol supply. Consequently, upward support for isooctanol has strengthened while downward pressure has weakened.