This week, the market price of isooctanol in Shandong rose slightly. This week, the average price of isooctanol in the mainstream market of Shandong increased from 963.33 yuan/ton at the beginning of the week to 9791.67 yuan/ton at the weekend, an increase of 1.64%. Weekend prices decreased by 22.70% year-on-year. On May 22, the isooctanol commodity index was 71.14, a decrease of 0.86 points from yesterday, a decrease of 48.26% from the highest point of the cycle at 137.50 points (2021-08-08), and an increase of 102.39% from the lowest point of 35.15 points on February 1, 2016 (note: the cycle refers to 2011-09-01)
Upstream support is good, while downstream demand weakens

From a supply perspective, the prices of mainstream manufacturers of Shandong isooctanol have fluctuated with each other this week, and the inventory is average: the factory price of Lihuayi isooctanol for the weekend is 9600 yuan/ton. Compared to the beginning of the week, the quotation has decreased by 350 yuan/ton; The factory price of Hualu Hengsheng Isooctanol for the weekend is 9800 yuan/ton. Compared to the beginning of the week, the quotation has decreased by 500 yuan/ton; The weekend market price of isooctanol of Luxi Chemical is 9950 yuan/ton. Compared to the beginning of the week, the quotation has increased by 550 yuan/ton.
From the upstream raw material market of isooctanol, the acrylic acid market saw a slight increase this week, with prices rising from 6870.60 yuan/ton at the beginning of the week to 6933.25 yuan/ton at the weekend, an increase of 0.91%. Weekend prices decreased by 16.77% year-on-year. The price of upstream raw material market rose slightly, with good cost support. Affected by supply and demand, it has a favorable impact on the price of isooctanol.
From the downstream market of isooctanol, the factory price of DOP has slightly decreased this week. The price of DOP dropped from 10109.17 yuan/ton at the beginning of the week to 9984.17 yuan/ton at the weekend, a decrease of 1.24%. Weekend prices decreased by 16.80% year-on-year. Downstream DOP prices have slightly declined, and downstream customers are actively reducing their purchases of isooctanol.
In late May, there may be slight fluctuations and declines in the Shandong isooctanol market. The upstream acrylic acid market has slightly increased, with good cost support. However, the downstream DOP market has slightly declined, and downstream demand has weakened. Under the short-term impact of supply and demand and raw materials, the domestic isooctanol market may experience slight fluctuations and declines.
From a supply perspective, the prices of mainstream manufacturers of Shandong isooctanol have fluctuated with each other this week, and the inventory is average: the factory price of Lihuayi isooctanol for the weekend is 9600 yuan/ton. Compared to the beginning of the week, the quotation has decreased by 350 yuan/ton; The factory price of Hualu Hengsheng Isooctanol for the weekend is 9800 yuan/ton. Compared to the beginning of the week, the quotation has decreased by 500 yuan/ton; The weekend market price of isooctanol of Luxi Chemical is 9950 yuan/ton. Compared to the beginning of the week, the quotation has increased by 550 yuan/ton.
From the upstream raw material market of isooctanol, the acrylic acid market saw a slight increase this week, with prices rising from 6870.60 yuan/ton at the beginning of the week to 6933.25 yuan/ton at the weekend, an increase of 0.91%. Weekend prices decreased by 16.77% year-on-year. The price of upstream raw material market rose slightly, with good cost support. Affected by supply and demand, it has a favorable impact on the price of isooctanol.
From the downstream market of isooctanol, the factory price of DOP has slightly decreased this week. The price of DOP dropped from 10109.17 yuan/ton at the beginning of the week to 9984.17 yuan/ton at the weekend, a decrease of 1.24%. Weekend prices decreased by 16.80% year-on-year. Downstream DOP prices have slightly declined, and downstream customers are actively reducing their purchases of isooctanol.
In late May, there may be slight fluctuations and declines in the Shandong isooctanol market. The upstream acrylic acid market has slightly increased, with good cost support. However, the downstream DOP market has slightly declined, and downstream demand has weakened. Under the short-term impact of supply and demand and raw materials, the domestic isooctanol market may experience slight fluctuations and declines.