1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyishe, the price of isopropanol has fallen this week. The average price of isopropanol in China on Monday was 8930 yuan/ton, while on Friday it was 8900 yuan/ton. The price fell by 0.34% during the week.

The market price of isopropanol has fallen this week. This week’s market situation is light, and downstream buyers are cautious and cautious. The upstream acetone price has been lowered, and the cost support for isopropanol is weak, with market prices following suit. As of now, the majority of isopropanol market quotations in Shandong region are around 8500-8900 yuan/ton; The majority of isopropanol prices in the Jiangsu and Zhejiang regions are around 9000-9300 yuan/ton.

In terms of raw material acetone, the acetone market has declined this week. The average price of acetone on Monday was 8325 yuan/ton, and on Friday it was 8307.5 yuan/ton, a decrease of 0.21%. At present, downstream procurement sentiment is weak, and the trading atmosphere is not good.

In terms of propylene, the propylene market fell first and then rose this week, with an overall decline. The average domestic propylene price on Monday was 6898.6 yuan/ton, and on Saturday it was 6788.6 yuan/ton, with a price reduction of 1.59%. In the short term, there is not much change in supply and demand, and it is expected that propane will operate in a narrow range in the short term.

3、 Future Market Forecast

The isopropanol analyst from the Chemical Branch of Business Society believes that the market price of isopropanol has fallen this week. The acetone market is declining, while the propylene market is declining. Cost support is weak, and downstream wait-and-see sentiment is strong. The enthusiasm for purchasing goods is not high. It is expected that the short-term isopropanol market will mainly operate steadily with a weak trend.