Price trend

According to the monitoring of the commodity market analysis system of SunSirs, the market price of isopropanol first fell and then rose this week, with the overall price mainly declining. At the beginning of the week, the average price of isopropanol in China was 6,258.34 RMB/ton, and the average price over the weekend was 6,108.33 RMB/ton, with a price reduction of 2.4%.

Analysis review

Last week, the market price of isopropanol first fell and then rose, with the overall price mainly declining. The overall market situation of isopropanol was average, with good shipments from major factories in Shandong over the weekend and a slight increase in prices. The market stopped falling and rebounded, and the mentality of industry players had been slightly boosted. As of June 13th, most of the isopropanol market prices in Shandong were around 5,950-6,150 RMB/ton; The majority of prices in the isopropanol market in Jiangsu were around 6,150-6,200 RMB/ton.

Market outlook

The isopropanol analyst from SunSirs believes that the isopropanol market price first fell and then rose last week, and the market stopped falling and rebounded. The prices of raw materials acetone and propylene both rebounded, and cost support was still acceptable. It is expected that there will be limited volatility in the isopropanol market in the short term, with buying driven by rigid demand. Pay more attention to changes in the raw material market.

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