1、 Price trend
According to commodity data monitoring, isopropanol prices fell this week. The average price of isopropanol in China last Thursday was 7500 yuan / ton, and the average price on Thursday was 7333.33 yuan / ton. The price rose by 2.05% during the week.
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2、 Market analysis
Figure: comparison chart of price trend of acetone and isopropanol from November to January
The focus of domestic isopropanol market this week is down. The overall market trading atmosphere is relatively cold, traders have a strong wait-and-see mood and lack of confidence. Up to now, most of the quotations of isopropanol in Shandong are about 7000-7300 yuan / ton; Most of the quotation range of Jiangsu isopropanol is about 7200-7500 yuan / ton; The quotation range of isopropanol in Zhejiang is around 7200 yuan / ton. Internationally, on February 15, the isopropanol market in the United States closed stable and the isopropanol market in Europe closed basically stable.
In terms of raw material acetone, the market price of acetone was basically stable this week. There is little change in the fundamentals of the site, and the cargo carriers are strong in shipping. According to the commodity data monitoring, the average price of acetone is 6000 yuan / ton so far. The business agency expects the market to run smoothly in the short term.
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As for raw propylene, as of the 24th, after another decline in the domestic propylene price, the market began to stop falling and rebound. Among them, propylene (Shandong) rose to 8050-8100 yuan / ton, with the price rising by 0.84% compared with the 23rd. On the one hand, the price of crude oil is rising and the cost pressure is increasing; On the other hand, the downstream returned to normal, the terminal procurement continued to follow up, and the price rose with the trend. It is expected that the propylene price will rise slightly in the short-term future.
3、 Future forecast
The isopropanol analyst of the chemical branch of business society believes that the domestic isopropanol market demand is relatively light. The price of acetone was relatively stable, the price of propylene rebounded, and the support of raw materials for isopropanol was acceptable. The price of isopropanol is expected to be stable in the short term.
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