Price trend
According to data from the SunSirs' commodity market analysis system, the price of isopropanol fell slightly last week. The average domestic price of isopropanol was 5,683.33 RMB/ton at the beginning of the week and 5,638.33 RMB/ton at the end of the week, a decrease of 0.79%.
Analysis review
Isopropanol prices fell slightly last week. Trading activity was temporarily weak, with downstream purchasing activity subdued and transactions concentrated at the lower end of the price range. The market was characterized by cautious negotiations, with actual transactions remaining sluggish. As of November 7, isopropanol prices in Shandong were mostly around 5,600-5,700 RMB/ton; in Jiangsu, prices were mostly around 5,550-5,800 RMB/ton.
Market Forecast:
According to an isopropanol analyst of SunSirs, the market price of isopropanol fell slightly last week, with actual transactions mainly driven by immediate needs and the focus shifting towards lower-end products. The market is expected to be weakly consolidated in the short term, with close attention paid to the operational activities of major manufacturers.
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