1、 Price trend
According to the monitoring of the commodity market analysis system of Shengyishe, the price of isopropanol rose first and then fell this week, and overall, the price has increased. Last Friday, the average price of isopropanol in China was 8632 yuan/ton, while this Friday’s average price was 8680 yuan/ton. The price increased by 0.56% during the week.
The market price of isopropanol has fallen this week. This week’s market situation is still good, with many downstream inquiries, so be cautious when purchasing goods. Upstream acetone prices have increased, with strong support for isopropanol costs, and market prices have followed suit. The downstream market has limited acceptance capacity in the later stage, resulting in a price correction. As of now, the majority of isopropanol market quotations in Shandong region are around 8300-8600 yuan/ton; The majority of isopropanol prices in the Jiangsu and Zhejiang regions are around 8900-9000 yuan/ton.
In terms of raw material acetone, the acetone market has declined this week. Last Friday, the average price of acetone was 8062.5 yuan/ton, while this Friday’s average price is 8262.5 yuan/ton, with a price increase of 2.48%. At present, downstream procurement sentiment is good, factory inventory is low, and the acetone market continues to rise.
In terms of propylene, the propylene market fell first and then rose this week, with an overall decline. Last Friday, the average domestic propylene price was 6854.6 yuan/ton, while this Friday’s average price was 6914.6 yuan/ton, with a price increase of 0.88%. At present, the inventory of enterprises is low, and downstream demand for goods is high. It is expected that the market will tend to strengthen and consolidate in the short term.
3、 Future Market Forecast
The isopropanol analyst from the Chemical Branch of Shengyishe believes that the market price of isopropanol rose first and then fell this week, and overall, the price has increased. The acetone market is on the rise, while the propylene market is experiencing an increase in prices, providing strong cost support. However, downstream orders are generally accepted, with a focus on demand. It is expected that the short-term isopropanol market will temporarily stabilize, consolidate and operate.
| http://www.sulfamic-acid.com |