Weak demand leads to volatile drop in isooctanol prices in April

The price of isooctanol fluctuated and fell in April
According to the Commodity Market Analysis System of Shengyi Society, as of April 9th, the price of isooctanol was 7600 yuan/ton, a fluctuating decrease of 1.94% compared to the price of 7750 yuan/ton on April 1st. Isooctanol enterprises have stable equipment operation and sufficient supply from isooctanol manufacturers; Plasticizer manufacturers are operating at low levels, and demand for isooctanol is weak. The downward pressure on isooctanol still exists, and the upward support is weakened.
Downstream plasticizer DOP prices fluctuated and fell in April
According to the Commodity Market Analysis System of Shengyi Society, as of April 9th, the DOP price was 8192.50 yuan/ton, a fluctuating decrease of 1.16% from the April 1st DOP price of 8288.75 yuan/ton. The stable operation of DOP plasticizer enterprises, sufficient plasticizer production, weak downstream demand for plasticizers, falling plasticizer prices, weakened downstream demand support for isooctanol, and increased downward pressure on isooctanol.
Future expectations
The data analyst of Business Society’s octanol product believes that downstream demand is weak, isooctanol manufacturers are operating at high levels, isooctanol supply is sufficient, and isooctanol supply is increasing while demand is decreasing. It is expected that the price of isooctanol will fluctuate and fall in the future.