Price trend
According to the SunSirs commodity market analysis system, the domestic isopropanol market price fell last week. The average price at the beginning of the week was 5,675 RMB/ton, and the average price at the weekend was 5,625 RMB/ton, a price drop of 0.88%.
Analysis review
Isopropanol prices declined last week. Overall market conditions were generally favorable, with limited downstream purchasing interest. End-user demand was primarily driven by wait-and-see attitudes and cautious order placement. As of August 22, most quotations for isopropanol in Shandong were around 5,450-5,550 RMB/ton; in Jiangsu, the prices were around 5,600-5,650 RMB/ton.
Market outlook
SunSirs' isopropanol analysts believe that last week's isopropanol market prices fell, spot trading sentiment was generally subdued, and on-site transactions were cautious, with the market trend appearing stagnant. SunSirs’ analysts predict that the isopropanol market will mainly be wait-and-see in the short term, with a tendency towards stable consolidation.
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