Price trend:
According to data from the SunSirs' commodity market analysis system, the price of isopropanol fell last week. At the beginning of the week, the average domestic price of isopropanol was 5,591.67 RMB/ton, while at the end of the week it was 5,525 RMB/ton, a decrease of 1.19%.
Market Analysis
Isopropanol prices fell slightly last week. Trading activity was temporarily moderate, with weak downstream purchasing sentiment and limited new orders. Transactions were concentrated at the lower end of the market, with cautious execution of actual transactions. As of November 14, isopropanol prices in Shandong were mostly around 5,400-5,500 RMB/ton; in Jiangsu, prices were mostly around 5,500-5,600 RMB/ton.
Market Forecast:
According to an isopropanol analyst at SunSirs, the isopropanol market saw a price decline last week, with weak downstream demand, sluggish inquiries, and a focus on lower-end products. The market is expected to be consolidated weakly in the short term, with close attention paid to the operational activities of major manufacturers.
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