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 5,816.67 RMB/ton, and the average price at the weekend was 5,791.67 RMB/ton, a price decrease of 0.43%.

Analysis review

Isopropanol prices fell slightly last week. Trading activity was temporarily subdued, with downstream purchasing sentiment weak and middlemen following market trends. Cautious negotiations were prevalent, with actual transaction volume remaining mediocre. As of October 24, most isopropanol prices in Shandong were priced between 5,600 and 5,650 RMB/ton; in Jiangsu, prices were mostly between 5,600 and 5,800 RMB/ton.

Market outlook

SunSirs' isopropanol analysts believe that the isopropanol market price fell slightly last week, driven primarily by firm demand, with the focus of transactions leaning towards the low end. The isopropanol market is expected to consolidate in the short term, with more attention paid to the trading trends of major manufacturers.

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