1、 Price trend

According to the monitoring of commodity data, the overall price of isopropanol fell this week. The average price of isopropanol in China was 6520 yuan/ton last Friday, and 6340 yuan/ton this Friday. The price of isopropanol was reduced by 2.76% during the week.

2、 Market analysis

Figure: Comparison of acetone and isopropanol prices in November and February

The market price of isopropanol fell first and then rose this week. On the whole, the price fell. At present, the downstream wait-and-see mood is strong, and the order is carefully received. Affected by the rise of raw acetone at the weekend, the isopropanol market stopped falling and rebounded. Up to now, most of the prices quoted in the isopropanol market in Shandong are about 6100-6300 yuan/ton; Most prices of isopropanol in Jiangsu and Zhejiang are around 6600-6800 yuan/ton.

In terms of raw acetone, the average price of acetone was 4950 yuan/ton last Friday, and 5350 yuan/ton this Friday. The price increased by 8.08% in the week. Up to now, the ex-factory price of acetone products of Lihua Yiweiyuan Chemical Co., Ltd. has increased by 100 yuan to 5400 yuan/ton, which will be implemented from February 10.

In terms of propylene, according to the data monitoring of the Business News Agency, the domestic propylene (Shandong) market fell this week, with an average price of 7623 yuan/ton at the beginning of the week and 7558 yuan/ton at the end of the week, a weekly decrease of 0.85% and a year-on-year decrease of 9.05%. The propylene analyst of the Chemical Branch of the Business Society believes that under the condition of high cost and low demand, the profit of the propylene industry is further tightened, and the resistance to price rise is relatively large. It is expected that the propylene market will operate in a narrow range in the near future.

3、 Aftermarket forecast

The isopropanol analyst of the Chemical Branch of the Business Society believes that the rising price of raw acetone at the weekend has boosted the confidence of the downstream isopropanol market, and the market price has stopped falling and rebounded. It is expected that the isopropanol market will operate steadily and well in the short term.