Price trend

According to the monitoring of the commodity market analysis system of SunSirs, the isopropanol market first rose and then fell this week, and overall the price had slightly increased. At the beginning of the week, the average price of isopropanol in China was 6,141.67 RMB/ton, and over the weekend it was 6,166.67 RMB/ton, with a price increase of 0.41%.

Analysis review

Last week, the isopropanol market first rose and then fell, with a slight increase in overall prices. The overall market situation of isopropanol was average, with weak costs over the weekend, weak demand, lack of confidence among industry players, and a weak downward trend in negotiation focus. As of June 20th, most of the isopropanol market prices in Shandong were around 6,000-6,100 RMB/ton; The majority of prices in the isopropanol market in Jiangsu region were around 6,200-6,300 RMB/ton.

Market outlook

The isopropanol analyst from SunSirs believes that the isopropanol market rose first and then fell this week. The price of raw material acetone had declined, while the price of propylene had increased. Overall, the cost support was average. The downstream market demand was weak, and the shipment of goods by holders was not smooth. It is expected that the isopropanol market will operate to be weaker in the short term, mainly being purchased on demand and paying more attention to changes in the raw material market.

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