price trend
The overall price of isopropanol in the market has declined this week. On Monday, the average price of isopropanol in China was 9316.67 yuan/ton, and on Friday it was 9233.33 yuan/ton. The price has increased by 0.89%.
The market price of isopropanol has fallen this week. At the beginning of the week, the price of raw material acetone fell, and the cost support loosened. Isopropanol manufacturers followed suit and lowered their prices. Over the weekend, raw material prices rose, cost support improved, and market prices rebounded slightly. The focus of on-site negotiations was upward, but downstream purchasing intentions were average, and on-site actual trading was average. The main focus was on observation and wait-and-see. As of now, most of the isopropanol market prices in Shandong are around 9100 yuan/ton; The majority of isopropanol prices in the Jiangsu region are around 9400 yuan/ton.
Future forecast
Analysts believe that the overall price of isopropanol market has fallen this week, and the market price rebounded upwards over the weekend. Downstream wait-and-see sentiment has intensified, and operations are cautious. It is expected that the isopropanol market will strengthen and consolidate in the short term, with more attention paid to the trading trends of major companies.