Price trend
According to the SunSirs commodity market analysis system, the domestic isopropanol market price saw a slight increase this week. The average price at the beginning of the week was 5,650 RMB/ton, and the average price at the weekend was 5,675 RMB/ton, a price increase of 0.44%.
Analysis review
Isopropanol market prices saw a slight increase this week. Market sentiment has improved slightly, with manufacturers showing a clear intention to maintain prices, and holders following suit with slight price increases. On the demand side, downstream orders are primarily based on demand, with buying driven by immediate needs and small orders. Currently, most isopropanol market quotes in Shandong are around 5,550-5,600 RMB/ton; in Jiangsu, they are mostly around 5,650-5,750 RMB/ton.
Market outlook
SunSirs' isopropanol analysts believe that this week's isopropanol market price saw a slight increase, driven primarily by firm orders and strong demand, with increased inquiries and cautious buying. They predict that the isopropanol market will primarily see narrow range adjustments in the short term, with more attention paid to the trading trends of major manufacturers.
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