1、 Price trend
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After the lunar new year, the domestic isopropanol market price continued to rise. According to the data monitoring of bulk commodities, the average price of the first working day of the new year was 8133.33 yuan / ton on February 18, and 9533.33 yuan / ton on February 23, with a price increase of 17.21%.
2、 Market analysis
At present, there are many inquiries about isopropanol in the market. Affected by the cost, all isopropanol produced by acetone method will be shut down after this year. The overall operation rate of isopropanol is lower than that in previous years after the festival. The factories all say that the inventory is low. The market price of isopropanol was pushed up by the active speculation of cargo holders. So far, the negotiation range of acetone isopropanol in Shandong is about 9000-9200 yuan / ton, that of Ningbo is about 9600 yuan / ton, and that of Jiangsu is about 9500 yuan / ton.
Figure: price trend comparison of acetone and isopropanol from December to February
3、 Future forecast
Isopropanol analyst of Shangshe Chemical Branch said: the price of raw material acetone rose, the average price of acetone in Shandong was 8675 yuan / ton today, and propylene market price in Shandong increased, with the average price of 8527.27 yuan / ton today. Cost side support is strong, traders hold limited, isopropanol market prices push up. Isopropanol still has room to rise in the short term, so we should pay attention to the news changes of isopropanol in the future.
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