Price trend

According to the monitoring of the commodity market analysis system of SunSirs, the market price of isopropanol decreased last week. At the beginning of the week, the average price of isopropanol in China was 5,983.33 RMB/ton, and the average price over the weekend was 5,916.67 RMB/ton, with a price reduction of 1.11%.

Analysis review

The market price of isopropanol decreased last week. The overall market situation of isopropanol was light, while the acetone market in East China was fluctuating downwards. In addition, weak downstream demand led to increased inventory, resulting in a decline in the holding price. As of July 11th, most of the isopropanol market prices in Shandong were around 5,700-5,800 RMB/ton; The majority of isopropanol market prices in Jiangsu region were around 6,000-6,200 RMB/ton.

Market outlook

The isopropanol analyst from SunSirs believes that the isopropanol market price fell last week. The raw material acetone fluctuated slightly downwards, while the price of propylene decreased. Overall, cost support was not satisfactory. The downstream market was mainly focused on urgent demand for goods, and transactions were cautious. It is expected that the isopropanol market will be wait-and-see in the short term, with a focus on stable operation.

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