1、 Price trend
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According to commodity data monitoring, isopropanol prices rose slightly this week. At the beginning of the week, the average price of isopropanol in China was 8000 yuan / ton, and the average price at weekend was 8133.33 yuan / ton. During the week, the price decreased slightly, with the range of 1.67%.
2、 Market analysis
Isopropanol prices rose slightly this week. The price of raw material acetone rose sharply, and the price of propylene rose sharply, which directly led to the price rise of isopropanol. So far, the negotiation range of isopropanol in Shandong Province is about 8000-8500 yuan / ton, and that in Jiangsu Province is about 8200 yuan / ton. Zhejiang isopropanol negotiation range is around 8200 yuan / ton.
Chart: comparison chart of acetone and isopropanol price trend from July to September
In terms of raw materials, the price of raw material acetone rose sharply this week. At present, acetone shippers have full confidence in pushing up the price, and the offer is firm and low, and the factory offer has been raised in a narrow range for many times. In this week, the market price of acetone has increased by about 500 yuan / ton. Up to now, the market quotation in East China is 6850 yuan / ton; that in South China is 6900 yuan / ton; that in Shandong is 6850 yuan / ton; and that in surrounding markets of Yanshan is 6600 yuan / ton. It directly led to the rise of isopropanol price.
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In terms of propylene, the market price of propylene in Shandong area rose sharply this week, with smooth shipment of propylene manufacturers and no pressure on inventory. According to the monitoring of bulk commodity data, the domestic average price of propylene was 6940.09 yuan / ton at the beginning of the week, and 7228.64 yuan / ton at the weekend. The price rose by 4.17% during the week.
3、 Future forecast
Chemical branch of the business club isopropanol analysts believe: raw materials acetone, propylene market prices both rise. Supported by cost, isopropanol market price rebounded. At present, the export situation is relatively stable, traders mainly wait and see, and downstream factories purchase on demand. It is expected that isopropanol will still have a small rise in the short term, focusing on the follow-up changes in isopropanol news.
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