Price trend:

According to data from the SunSirs' commodity market analysis system, the price of isopropanol remained weak and stable last week. The average domestic price of isopropanol at the beginning of the week was 5,491.67 RMB/ton, and the average price at the end of the week was 5,483.33 RMB/ton, a decrease of 0.15%.

Market Analysis

Last week, the isopropanol market price remained weak and stable. As of November 21, market activity was sluggish, with downstream purchasing activity weak and new orders limited. The price of raw material acetone was declining, providing limited cost support. Traders lacked confidence, and transactions were focusing on the lower end of the price range, with cautious actual transactions. As of November 21, the majority of isopropanol prices in Shandong were around 5,300-5,500 RMB/ton; in Jiangsu, the majority of prices were around 5,400-5,600 RMB/ton.

Market Forecast:

According to analysts at SunSirs, the isopropanol market remained weak and stable last week, with sluggish downstream demand and limited cost support, leading to a focus on lower-end products. The market is expected to consolidate weakly in the short term, with close attention paid to the operational activities of major manufacturers.

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