In January, the price of isooctanol fluctuated and rose. According to the commodity market analysis system of Business Society, as of January 16, the quoted price of isooctanol was 7,033.33 yuan per ton, representing a fluctuating increase of 1.69% compared to the price of 6,916.67 yuan per ton on January 1. The maintenance of isooctanol production equipment has been completed, leading to an increase in the operating load of isooctanol plants. The operating rate of isooctanol reached 95%, ensuring ample supply. The price of propylene has risen strongly, providing greater cost support for isooctanol. Additionally, the price of plasticizers has fluctuated and increased, further boosting downstream demand support for isooctanol. With rising costs and increased supply, coupled with relatively weak downstream support, the price of isooctanol experienced a fluctuating upward trend.

The operating rates of isooctanol manufacturers have increased, with domestic isooctanol producers operating at around 95% capacity. Weekly domestic production of isooctanol reached 76,000 tons, indicating a rise in output and an increase in supply. Consequently, the upward momentum for isooctanol prices has weakened.

The cost of raw material propylene has risen significantly. According to the commodity market analysis system of Business Society, as of January 16, the price of propylene was 6,147.67 yuan per ton, a substantial increase of 7.52% compared to the price of 5,717.67 yuan per ton on January 1. The sharp rise in propylene prices in January has strengthened cost support for isooctanol, providing greater impetus for its price increase.

Downstream plasticizer DOP prices have fluctuated and risen. According to the commodity market analysis system of Business Society, as of January 16, the price of DOP was 7,492.50 yuan per ton, a fluctuating increase of 2.27% compared to the price of 7,325.84 yuan per ton on January 1. With rising DOP costs, the operating load of DOP producers has remained stable, with an operating rate of around 63%. Stable DOP production continues to support demand for isooctanol, providing significant support for its price increase.

Future Market Outlook: Analysts from Business Society's octanol product data analysis team believe that, in terms of costs, the significant rise in raw material propylene prices has strengthened the upward momentum for isooctanol. On the supply side, the increased operating rates of isooctanol producers have led to a rise in supply. On the demand side, stable operations and production of DOP continue to support isooctanol demand. Looking ahead, while cost support for isooctanol remains strong, increased supply coupled with limited demand support may exert downward pressure. However, upward support persists, and it is expected that isooctanol prices will stabilize with fluctuations in the future.