1、 Price trend
Isopropanol prices fell this week, according to commodity data monitoring. At the beginning of the week, the average price of isopropanol in China was 13766.67 yuan / ton, while at the end of the week, the average price was 13200 yuan / ton, and the price fell within the week by 4.12%.
| EDTA |
2、 Market analysis
Domestic isopropanol prices fell this week. In June, the market price of raw acetone remained high, and the price of isopropanol remained high. In the international market, isopropanol in the U.S. continued to decline, while isopropanol in Europe ended to decline. The demand of overseas disinfectant market gradually sought for more substitutes, and the overseas orders decreased. As a result, the operating rate of isopropanol plants fell, and the price decreased. Up to now, about 12000-13300 yuan / ton of isopropanol negotiation area in Shandong Province and 12700-13500 yuan / ton of isopropanol negotiation area in Jiangsu Province in China. The negotiation range of isopropanol in South China is 13400-13600 yuan / ton. Recently, export orders decreased, and isopropanol benefits slowed down.
In terms of raw acetone, the upstream market price of acetone is rising. After a short decline in East China this week, many terminals just need to be replenished. At present, the port arrival volume is still small, and the domestic factory supply is limited. The market negotiation pushed up 200 yuan / ton to 10500-10700 yuan / ton. For isopropanol, the cost pressure is large, and some manufacturers have stopped production and maintenance.
| EDTA 2Na |
In terms of raw propylene, the market price of propylene in Shandong continued to rise. At the beginning of the week, the average price of propylene in China was 6604.55 yuan / ton, and at the end of the week, the average price was 6875.55 yuan / ton. The price was increased by 4.1% in the week. At present, propylene manufacturers are in good condition of delivery, no inventory pressure. The profit of propylene isopropanol is still very considerable. Due to the decrease of foreign trade orders, the price will be reduced accordingly.
3、 Future forecast
Isopropanol analysts from the chemical branch of business society think: the price of raw acetone is high and the cost is under pressure. In terms of demand, the favorable foreign trade slowed down, export orders were significantly reduced, domestic trade enquiries were more frequent, wait-and-see was the main thing, and taking goods was very cautious. At present, isopropanol plant in acetone process is under pressure, and the manufacturers have been overhauling successively. The profit of isopropanol produced by propylene method is large, and the price can be lowered. On the whole, in the short term, the price of isopropanol is likely to continue to decline, and follow-up attention will be paid to the change of news.
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