According to monitoring by SunSirs Commodity Market Analysis System, isopropyl alcohol market prices rose slightly last week. The domestic average price stood at 5,608.33 RMB/ton at the beginning of the week and closed at 5,658.33 RMB/ton by the weekend, marking a 0.89% increase.

Last week, isopropyl alcohol market prices saw a slight increase. Currently, trading sentiment has improved, with manufacturers showing clear intentions to maintain prices and holders reluctant to sell.

On the demand side, downstream buyers continue to purchase primarily based on immediate needs, with buying activity centered around essential requirements.

As of now, most quotations for isopropyl alcohol in Shandong Province range between 5,500-5,600 RMB/ton; In Jiangsu, most isopropanol quotes range between 5600-5650 RMB/ton.

Market Outlook

SunSirs Chemical Division's isopropanol analyst notes: Last week's market saw a slight price increase, though transactions remain demand-driven. Inquiries have risen, but buyers remain cautious.

In the near term, the isopropanol market is expected to undergo narrow adjustments, with key attention on major manufacturers' pricing strategies.

As an integrated internet platform providing benchmark prices, on September 9, the benchmark price of isopropyl alcohol on SunSirs was 5,650.00 RMB/ton, up 0.74% from the beginning of this month (5,608.34 RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

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