Price Trends
According to the commodity market analysis system of SunSirs, the market price of isopropyl alcohol in Shandong rose last week. The domestic average price was 7,516.66 RMB/ton on Monday and 7,966.67 RMB/ton on Friday, representing an increase of 5.99%.
Market conditions
Market prices for isopropyl alcohol (IPA) rose last week. With the prices of feedstocks—acetone and propylene—trending upward, strong cost support drove manufacturers to continue raising their quotes. Holders showed a clear reluctance to sell, pushing the market's trading range higher; however, downstream purchasing interest remained lukewarm, resulting in cautious trading and limited actual transaction volumes. By the end of the week, most IPA quotes in the Shandong region hovered around 7,900-8,000 RMB/ton, while quotes in the Jiangsu region mostly ranged from 8,050 to 8,200 RMB/ton.
Market outlook
Analysts at SunSirs observe that the market price of isopropanol rose last week, driven by strong cost support from raw materials and higher manufacturer quotations, creating a bullish sentiment. Downstream purchasing was primarily driven by immediate needs, with a prevailing wait-and-see attitude. In the short term, the isopropanol market is expected to consolidate with a firm tone; market participants should closely monitor the operational moves of major manufacturers.
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