1、 Price trend

According to commodity data monitoring, the domestic isopropanol market price fell this month, and the overall price fell. The average price of isopropanol on January 1 was 6680 yuan/ton, and the average price on January 30 was 6520 yuan/ton. The price was reduced by 2.4% in the month.

2、 Market analysis

The domestic market price of isopropanol fell first and then rose this month, with the price falling mainly on the whole. The price of isopropanol fell in the first half of this month. The overall market price was relatively stable in the middle of the year. During the Spring Festival holiday in the last ten days, the market basically stagnated and the price was stable. After the holiday at the end of the month, the market price began to rebound. Up to now, most of the prices quoted in the isopropanol market in Shandong are around 6300-6700 yuan/ton; Most of the quotations in Jiangsu and Zhejiang isopropanol market are around 6400-7000 yuan/ton.

In terms of raw acetone, the acetone level fell first and then rose this month. The average price of acetone was 5550 yuan/ton on January 1 and 5060 yuan/ton on January 30. The price fell by 8.83% during the month. After the festival, the prices quoted in the major mainstream markets increased. According to the monitoring data of the Business News Agency, the overall offer in the East China market in the main domestic region after the festival pushed up 150-200 yuan/ton, with the negotiation range of 4900-5000 yuan/ton.

In terms of raw material propylene, according to the bulk list data of the Business News Agency, the domestic propylene (Shandong) market rose in January, with the average price of 7244.6/ton at the beginning of January, and the average price of 7640.6/ton on January 30, with a monthly increase of 5.47%. Downstream stock preparation before the festival, there was a wave of purchase peak, the transaction atmosphere improved, the upstream stock flow was smooth, the inventory was effectively removed, and the price was tentatively pushed up. At the same time, cost support increased, further boosting market prices. The market fluctuated slightly after the holiday, and the overall rise was mainly this month.

3、 Aftermarket forecast

The isopropanol analyst of the Chemical Branch of the Business Society believes that the domestic isopropanol on-site cost support is acceptable this month. The acetone market rose after the holiday, driving the isopropanol market to stop falling and rebound, and the overall market was stable and improving. It is expected that the isopropanol market will rise slightly in the short term.