The price of isooctanol fluctuated and fell in September

According to the Commodity Market Analysis System of Shengyi Society, as of September 8th, the price of isooctanol was 7283.33 yuan/ton, a fluctuating decrease of 3.32% compared to the price of 7533.33 yuan/ton on August 1st. In September, the isooctanol enterprise’s equipment remained stable at a high level, with a 95% operating rate of isooctanol equipment. In addition, there was a significant increase in isooctanol production capacity, resulting in an increase in isooctanol supply; Downstream plasticizer companies have started production steadily, but the demand support for isooctanol by plasticizers is limited. The increase in supply and demand support is limited, and the price of isooctanol fluctuated and fell in September.
Downstream plasticizer DOP prices fluctuate and fall
According to the Commodity Market Analysis System of Shengyi Society, as of September 8th, the DOP price was 7517.50 yuan/ton, a fluctuating decrease of 0.94% compared to the DOP price of 7589.17 yuan/ton on September 1st. Cost reduction and increasing pressure for DOP decline; In September, the operating load of DOP enterprises stabilized, but the demand for isooctanol was insufficient, and the support for the price increase of isooctanol was limited.
Future expectations
According to the data analyst of Business Society’s octanol product, on the supply side, the equipment operating load of isooctanol enterprises remains stable at a high level, coupled with a large amount of new production capacity of isooctanol, resulting in an oversupply of isooctanol. In terms of demand, DOP prices have fluctuated and fallen, with insufficient support from isooctanol demand. In the future, the supply and demand of isooctanol will increase, and it is expected that the price of isooctanol will fluctuate and fall.