1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic isopropanol market has slightly increased this week. On Monday, the average price of isopropanol in China was 6710 yuan/ton, and on Friday it was 6760 yuan/ton. The price increased by 0.75% during the week.

The isopropanol market has slightly increased this week. At present, there are limited on-site inquiries, and the market trading atmosphere is still average. The trading focus is stabilizing, and there is a strong wait-and-see sentiment in the market. There is a strong demand for goods, and caution is exercised when placing actual orders. As of now, most of the isopropanol market prices in Shandong are around 6700-6800 yuan/ton; The majority of isopropanol prices in the Jiangsu and Zhejiang regions are around 7000 yuan/ton, while in the South China region, the price is around 7250 yuan/ton.

In terms of raw material acetone, the market price of acetone fluctuated slightly this week. The average price of acetone on Monday was 5865 yuan/ton, and on Friday it was 5885 yuan/ton. The price first rose and then fell, with a slight overall increase of 0.51%. Returning after the holiday, the trading atmosphere in the market is still good, and the mentality of holders of goods is not fluctuating much. The offers are adjusted according to the market, and the overall range is adjusted. The purchasing power of end-users is limited, and it is expected that the short-term acetone market will not fluctuate much.

In terms of propylene, the overall price of propylene market has increased this week. On Monday, the average domestic propylene price was 6513.25 yuan/ton, and on Friday, the average price was 6745.75 yuan/ton, with a price reduction of 3.57%. At present, the inventory of enterprises has decreased, and some manufacturers have a strong willingness to push up prices, with downstream demand being the main focus. It is expected that the market will strengthen and consolidate in the short term.

3、 Future forecast

The isopropanol analyst from Business Society Chemical Branch believes that the price of isopropanol has slightly increased this week. The acetone market has fluctuated and risen, while the propylene market price has increased, and the cost support is still strong. After the holiday, downstream procurement enthusiasm is weak, with a focus on essential needs. It is expected that the isopropanol market will continue to fluctuate and consolidate in the short term.