Weak demand leads to volatile drop in isooctanol prices after the holiday

According to the Commodity Market Analysis System of Shengyi Society, as of May 12th, the price of isooctanol was 7183.33 yuan/ton, a fluctuating decrease of 4.01% compared to the price of 7483.33 yuan/ton on May 1st. Plasticizer companies are operating at a low level, with a plasticizer operating rate of less than 60%. The demand for isooctanol is weak, and the price of isooctanol is fluctuating and falling; Isooctanol enterprises have added new production capacity, and the self-sufficiency rate of isooctanol in China has increased to over 95%. The import of isooctanol has significantly decreased, and the overall market supply of isooctanol is sufficient.

POLYVINYL ALCOHOL

Downstream plasticizer DOP prices fluctuate and fall after the holiday
According to the Commodity Market Analysis System of Shengyi Society, as of May 12th, the DOP price was 7859.17 yuan/ton, a fluctuating decrease of 3.54% compared to the DOP price of 8147.50 yuan/ton on May 1st. The operating rate of plasticizer DOP enterprises is less than 60%, the production of plasticizer DOP has decreased, the demand for isooctanol is weak, the support for isooctanol demand has weakened, and the downward pressure of isooctanol still exists.
Future expectations
According to the data analyst of Shengyi Society’s octanol products, plasticizer companies have low operating rates and downstream demand for isooctanol is weak. In the future, the demand for isooctanol is weak, and it is expected that the price of isooctanol will fluctuate and fall.

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