Last week, the market price of isooctanol in Shandong slightly increased. The average price of isooctanol in the mainstream market of Shandong increased by 1.85% from 8660.00 yuan/ton at the beginning of the week to 8820.00 yuan/ton at the weekend. Weekend prices decreased by 21.48% year-on-year.
Increased upstream support and better downstream demand

Supply side: Last week, the prices of mainstream manufacturers of Shandong isooctanol slightly increased, and the inventory was average. The factory price of Lihua isooctanol for the weekend was 8900 yuan/ton, which was an increase of 200 yuan/ton compared to the beginning of the week; Compared to the beginning of the week, the factory price of Hualu Hengsheng isooctanol for the weekend was 9300 yuan/ton, with a quotation increase of 400 yuan/ton; The weekend market price of isooctanol in Luxi Chemical is 8800 yuan/ton. Compared to the beginning of the week, the quotation has increased by 200 yuan/ton.

Cost side: The propylene market slightly increased last week, with prices rising from 6180.75 yuan/ton at the beginning of the week to 6230.75 yuan/ton at the weekend, an increase of 0.81%. Weekend prices decreased by 21.71% year-on-year. Affected by supply and demand, the upstream raw material market prices have slightly increased, resulting in increased cost support and a positive impact on the price of isooctanol.

Demand side: The factory price of DOP has slightly increased this week. The price of DOP has increased by 2.35% from 9275.00 yuan/ton at the beginning of the week to 9492.50 yuan/ton at the weekend. Weekend prices decreased by 17.55% year-on-year. Downstream DOP prices have slightly increased, and downstream customers are actively purchasing isooctanol.
It is expected that the Shandong isooctanol market may experience slight fluctuations in late June. The upstream propylene market has slightly increased, with increased cost support. The downstream DOP market has slightly increased, and downstream demand is good. Under the influence of supply and demand and raw materials, the domestic isooctanol market may experience slight fluctuations and increases in the short term.