1、 Price trend
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According to commodity data monitoring, isopropanol prices rose this week. The average price of isopropanol in China was 8133.33 yuan / ton at the end of last week and 8600 yuan / ton this weekend. The price of isopropanol increased by 5.74% during the week.
2、 Market analysis
Chart: comparison of acetone and isopropanol price trend from August to November
Domestic isopropanol prices rose this week. Isopropanol closed sharply, the international market of isopropanol in Europe was stable. The price of acetone in the domestic market rose sharply, followed by isopropanol. Up to now, the negotiation range of isopropanol in Shandong Province is about 8300-8500 yuan / ton, and that of Jiangsu Province is 8500-8800 yuan / ton. Zhejiang isopropanol negotiation range is around 8500 yuan / ton. In terms of demand, although the export advantage has weakened, the current export situation is relatively stable. Domestic market demand is general, many manufacturers do not quote, prices return to high, downstream users mainly wait and see, who use who take.
In terms of raw materials, according to the monitoring of bulk commodity data, acetone prices rose this week. At the end of last week, the average price of acetone in China was 7100 yuan / ton, while that of this weekend was 7700 yuan / ton. During the week, the price was increased by 8.45%. At present, the acetone market has a big rise, which strongly supports isopropanol, and the price of isopropanol will rise accordingly.
In terms of propylene, the market price of propylene in Shandong increased slightly this week. At present, the market turnover is between 6750-7200 yuan / ton, and the mainstream price is about 6850 yuan / ton. At present, the inventory of manufacturers is controllable, and the shipment situation is still ideal. It has strong support for isopropanol.
3、 Future forecast
According to isopropanol analysts of the chemical branch of business club, the market price of raw material acetone rose sharply, the market price of propylene increased slightly, the cost support was strong, and the price of isopropanol was increased. In terms of demand, although the export advantage has weakened, the current export situation is relatively stable. Domestic market demand is general, many manufacturers do not offer. It is expected that in the short term, isopropanol prices will mainly run at a high level, and follow-up attention will be paid to the changes in the news.
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