1、 Price trend
According to the monitoring of commodity data, the domestic isopropanol market went down all the way in July. At the beginning of the month, the average price of isopropanol in China was 11600 yuan / ton, and the average price at the end of the month was 9650 yuan / ton. The price dropped by 16.81% within the month
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2、 Market analysis
Domestic isopropanol market went down in July. It is mainly due to the reduction of foreign trade orders and the decline of order receiving price. In the international market, isopropanol continued to decline in the United States and European markets. The demand for isopropanol in the overseas disinfectant market was lower than before, and the overseas orders were reduced to varying degrees, and the price also fell accordingly. Domestic isopropanol market center of gravity down, more inquiries, mainly wait-and-see, take goods carefully. Up to now, the negotiation range of isopropanol in Shandong Province is about 9100-9500 yuan / ton, and that of Jiangsu Province is 9500-9600 yuan / ton. The negotiation range of isopropanol in South China is around 9800 yuan / ton.
Chart: comparison of acetone and isopropanol price trend in July
In terms of raw material acetone, the national acetone market continues to fall deeply. So far, the offer of acetone market in East China is 6800 yuan / ton, and there is still room for discussion on the actual order. At present, the on-site negotiation is cold and the purchasing mood of the terminal is not high. There is no minimum but a lower situation. At present, acetone lacks support for isopropanol, and the price of isopropanol and acetone is going down simultaneously.
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In terms of raw material propylene, the market price of propylene in Shandong continued to decline. Up to now, the market turnover is between 6620-7000 yuan / ton, and the mainstream price is about 6650 yuan / ton. Propylene manufacturers are now shipping flat, but there is no inventory pressure. Propylene cost support is also weak, isopropanol market prices began to tilt downward.
3、 Future forecast
Isopropanol analysts of the chemical branch of the business society believe that: the prices of raw materials acetone and propylene are falling one after another, and the cost support of isopropanol is limited. International market, isopropanol market continued to decline. In terms of demand, the positive effects of foreign trade slowed down, the price of export orders declined, and the volume of orders received decreased significantly. There are many domestic enquiries, mainly wait-and-see, take the goods very carefully. Generally speaking, the price of isopropanol in the short term is likely to continue to decline, and the follow-up attention to the news changes.
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