Price trend:

According to data from SunSirs' commodity market analysis system, the isopropanol market saw a slight increase last week. The average domestic price of isopropanol was 5,175 RMB/ton at the beginning of the week and 5,193.33 RMB/ton at the end of the week, representing an increase of 0.35%.

Market Analysis

The isopropanol market saw a slight increase last week. Costs provided some support, leading to relatively stable offers from manufacturers. Factories showed less inclination to offer lower prices, and limited spot supply at ports contributed to a relatively healthy market sentiment, with downstream buyers primarily acting on demand. As of December 12, isopropanol prices in Shandong were mostly around 5,100-5,150 RMB/ton, while in Jiangsu, prices were mostly around 5,200-5,300 RMB/ton.

Market Outlook

According to an isopropanol analyst at SunSirs, the isopropanol market price remained relatively stable last week, with downstream demand being moderate and mainly driven by immediate needs. 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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