Price trend

According to the monitoring of the commodity market analysis system of SunSirs, the isopropanol market first fell and then rose last week, with a slight decrease in market prices. At the beginning of the week, the average price of isopropanol in China was 6,025 RMB/ton, and the average price over the weekend was 5,983.33 RMB/ton, with a price reduction of 0.69%.

Analysis review

Last week, the isopropanol market first fell and then rose, with a slight decrease in market prices. The overall market situation of isopropanol was generally average, while the acetone market in East China was experiencing a broad downward trend. In addition, downstream demand was average, and the focus of industry negotiations was weakly downward. As of July 4th, most of the isopropanol market prices in Shandong were around 5,800-5,900 RMB/ton; The majority of prices in the isopropanol market in Jiangsu region were around 6,100-6,200 RMB/ton.

Market outlook

The isopropanol analyst from SunSirs believes that the isopropanol market slightly declined last week. The price of raw material acetone declined, while the price of propylene first rose and then fell, resulting in poor overall cost support. The downstream market demand was light, and the shipment situation of holders was average. It is expected that the isopropanol market will be wait-and-see in the short term, mainly be stable in operation.

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