1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the isopropanol market has slightly decreased this week. The average price of isopropanol in China was 6690 yuan/ton on Monday and 6670 yuan/ton on Friday, with a price reduction of 0.3%.

The isopropanol market has slightly decreased this week. The market for acetone on the raw material side has declined, with average cost support. The attitude of the cargo holder is still acceptable, the quotation remains at the previous level, and there is a strong wait-and-see sentiment in the downstream market. They are cautious when picking up goods due to urgent needs and are cautious when placing actual orders. The majority of isopropanol market prices in Shandong region are around 6600-6700 yuan/ton; The majority of isopropanol market prices in the Jiangsu and Zhejiang regions are around 6650-6700 yuan/ton, while prices in the South China region are around 7050-7100 yuan/ton.

In terms of raw material acetone, the market price of acetone has fallen this week. The average price of acetone on Monday was 5890 yuan/ton, and on Friday it was 5857.5 yuan/ton, with a price increase of 0.55%. Market participants are mainly cautious and observing, with quotes maintaining range fluctuations and actual orders being cautious.

In terms of raw material propylene, the propylene market has been fluctuating this week. On Monday, the average domestic propylene price was 6843.25 yuan/ton, and on Friday, the average price was 6843.25 yuan/ton, unchanged. At present, inventory is low, downstream demand is good, the focus of propylene offers has increased, and market trading is still acceptable.

3、 Future forecast

The isopropanol analyst from Business Society Chemical Branch believes that the isopropanol market has slightly decreased this week. The market for acetone on the raw material side has declined, while propylene has fluctuated within the range, with average cost support. Downstream procurement is based on demand, and actual orders are handled with caution. It is expected that the isopropanol market will experience slight fluctuations within the short-term range.