1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. The average price of domestic isopropanol was 7533.33 yuan / ton last Friday and 7400 yuan / ton this Friday. The price decreased by 1.77% during the week.

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. At present, isopropanol manufacturers export more orders. Domestic orders decreased due to the epidemic. Most manufacturers do not offer external prices, mainly for early orders. Up to now, most quotations of Shandong isopropanol are about 7400 yuan / ton; Most of the quotation range of Jiangsu isopropanol is about 7700 yuan / ton. Internationally, isopropanol in the United States closed stable on March 8, while isopropanol in Europe closed stable and rose.

As for raw acetone, as of the press date, the negotiation in East China was 6000 yuan / ton, the offer in Shandong was 5850 yuan / ton, the offer in Yanshan surrounding areas was 5850 yuan / ton, and the offer in South China was 6150 yuan / ton. After the sharp decline in the early stage, the intention to continue to decline in the short term under the consideration of cost is weakened. However, under the influence of the current epidemic, it is difficult to improve the overall trading atmosphere, but the sharp correction of crude oil is slightly supported. Under the game, the short-term market may enter a stalemate, and the trading volume needs to be improved. The business agency expects to focus on the adjustment and operation of acetone market range next week.

In terms of raw material propylene, the propylene market has accelerated to decline recently, the mainstream market price has fallen to 8200-8400 yuan / ton, the high international crude oil price has fallen sharply, the downstream polypropylene market is still depressed, the recent domestic rebound in health events has affected the logistics and production in some regions, the on-site trading level has further shrunk, the market situation is bad, and the merchants cut prices and take orders. The business agency predicts that after the sharp rise and fall of propylene market, the market needs to be further sorted out, and the recent consolidation of propylene market is the main thing.

3、 Future forecast

The isopropanol analyst of the chemical branch of business society believes that at present, the domestic factories are mainly export orders, and the domestic isopropanol market demand is general. The price of acetone has been greatly reduced, and the propylene market has accelerated its decline in the near future. Raw materials lack support for isopropanol. The price of isopropanol is expected to be dominated by weak operation in the short term.