1、 Price trend

According to commodity data monitoring, isopropanol prices rose first and then fell this week. The average price of domestic isopropanol was 7075 yuan / ton last Friday and 7112.5 yuan / ton this Friday. The price increased by 0.53% during the week.

2、 Market analysis

Figure: comparison chart of price trend of acetone and isopropanol from November to January

The domestic isopropanol market rose first and then fell this week. At present, the orders of isopropanol manufacturers are still mainly for export. Domestic market transactions are relatively cold. Downstream enquiries are general and wait-and-see. Up to now, most quotations of Shandong isopropanol are about 6900-7000 yuan / ton; The quotation range of Jiangsu isopropanol is about 7350 yuan / ton; Most quotations of isopropanol in Zhejiang are about 7200 yuan / ton. Internationally, on May 10, isopropanol in the United States closed stable and isopropanol market in Europe closed down.

In terms of raw material acetone, the price of isopropanol rose this week. The average price of domestic acetone was 5680 yuan / ton last Friday and 5880 yuan / ton this Friday. The price increased by 3.52% during the week. The mentality of the cargo holders is good, and the atmosphere in the venue is good. The business society expects that the acetone market will remain strong in the short term.

In terms of raw material propylene, the market price of propylene fell. The average price of domestic acetone was 8770 yuan / ton last Friday and 8676 yuan / ton this Friday. The price decreased by 2.21% during the week. Affected by the terminal demand, the price upward is weak, the downstream mentality is cautious and purchases on demand. The current price of propylene is relatively high. It is expected that there will be great pressure for further rise, and the short-term market will be dominated by narrow consolidation.

3、 Future forecast

The isopropanol analyst of the chemical branch of business society believes that at present, the domestic factories are mainly export orders, and the domestic isopropanol market demand is general. The increase of acetone price boosted market confidence to a certain extent. The support of raw materials for isopropanol is acceptable. It is expected that the market price of isopropanol will be stable in the short term.