Construction Starts Decline; Isooctanol Prices Fluctuate and Fall This Week

November 14th, according to reports

This week, the price of 2-ethylhexanol in China fluctuated and declined.

According to the commodity market analysis system, as of November 14, the price of 2-ethylhexanol was 6,000 CNY/ton, a 0.55% decrease from the price of 6,033.33 CNY/ton on November 7. Some companies are conducting maintenance on their 2-ethylhexanol production equipment, leading to a slight decrease in the operating load of 2-ethylhexanol plants. The operating rate of 2-ethylhexanol is below 70%, resulting in a decrease in 2-ethylhexanol supply. The price of propylene has stabilized, and the cost of 2-ethylhexanol has also stabilized. This week, the decrease in 2-ethylhexanol supply still supports an increase in price, but the downward pressure has intensified, leading to a fluctuating and decreasing trend in 2-ethylhexanol prices.

Raw Material Propylene Costs Decline

According to the commodity market analysis system, as of November 14, the propylene price was 5960.75 CNY/ton, first falling and then rising from the propylene price of 6058.25 CNY/ton on November 1, with a price decrease of 1.61%; and oscillating up from the propylene price of 5890.75 CNY/ton on November 7, with a price increase of 1.19%. This week, the propylene price has been oscillating upwards, with the rise in raw material prices, the cost of 2-ethylhexanol has increased, and the downward pressure on 2-ethylhexanol prices has weakened.

Downstream plasticizer DOP prices fluctuated and fell in China.

According to the commodity market analysis system, as of November 14, the DOP price was 6883.34 CNY/ton, a fluctuating decrease from the DOP price of 7025.83 CNY/ton on November 7, with a price decrease of 0.24%. This week, the operating load of DOP plasticizer enterprises in China slightly increased, with an operating rate of 65%, leading to an increase in DOP production. The demand for 2-ethylhexanol still exists, and the support from the rising price of 2-ethylhexanol has increased.

Future Market Expectations

The octanol product data analyst notes that, in terms of costs, propylene prices have stopped their decline and are now rebounding, while raw material prices have seen a slight increase, easing downward pressure on isooctanol. On the supply side, isooctanol producers have reduced their operating rates, leading to a drop in overall supply. Meanwhile, demand remains supported as DOP manufacturers have slightly increased their production capacity, boosting DOP output. Looking ahead, isooctanol costs are expected to stabilize, and with declining supply coupled with rising demand, the downward pressure on isooctanol is easing—though upward momentum continues to hold. As a result, isooctanol prices are anticipated to fluctuate within a stable range in the near term.