1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic isopropanol market remained stable this week, with an average price of 6690 yuan/ton.

The domestic isopropanol market is temporarily stable this week. The acetone market for raw materials has risen, and cost support is still acceptable. However, the demand in the terminal market is poor, continuing to be weak, and the overall downstream purchasing intention is not strong. The actual orders are cautious, and the overall trading situation is average. Most of the isopropanol market prices in Shandong are around 6750-6800 yuan/ton; The majority of isopropanol prices in the Jiangsu and Zhejiang regions are around 6700 yuan/ton, while prices in the South China region range from 7050-7200 yuan/ton.

In terms of raw material acetone, the market price of acetone has increased this week. The average price of acetone on Monday was 5867.5 yuan/ton, and on Friday it was 5890 yuan/ton, with a price increase of 0.38%. Spot resources in the market are tightening, and traders have a good mentality, with little intention of buying at low prices.

In terms of propylene, the market price of propylene has risen this week. On Monday, the average domestic propylene price was 6838.25 yuan/ton, and on Friday, the average price was 6870.75 yuan/ton, with a price drop of 0.48%. At present, inventory is low and downstream demand is good, but buying is cautious. It is expected that the market will experience fluctuations and consolidation in the short term.

3、 Future forecast

The isopropanol analyst from the Business Society Chemical Branch believes that the isopropanol market has been stagnant and consolidating this week. The market prices of propylene and acetone have both slightly increased, and cost support is still acceptable. The downstream procurement intention is not strong, mainly based on demand. It is expected that the short-term isopropanol market will continue to stabilize and operate.