Price trend
According to the SunSirs commodity market analysis system, the domestic isopropanol market price fell slightly last week. The average price at the beginning of the week was 5,691.67 RMB/ton, and the average price at the weekend was 5,675 RMB/ton, a price decrease of 0.29%.
Analysis review
Isopropanol prices fell slightly last week. Market sentiment was generally average, with weak downstream purchasing activity. Some high-end quotations had softened, shifting prices toward the lower end. Cautious negotiations were predominant in the market, with actual transaction volume remaining mediocre. As of September 19, most isopropanol quotes in Shandong were around 5,550-5,600 RMB/ton; in Jiangsu,the quotes were around 5,650-5,700 RMB/ton.
Market outlook
The isopropanol analysts of SunSirs believe that isopropanol prices fell slightly last week, driven primarily by firm demand and cautious market discussions. The market is expected to be weakly consolidated in the short term, with more attention paid to the trading trends of major manufacturers.
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