The market price of isopropanol in China continued to rise this week (5.18-5.22)

1、 Price trend

 

Isopropanol prices rose this week, according to commodity data monitoring. At the beginning of the week, the average price of isopropanol in China was 11250 yuan / ton, and at the end of the week, the average price was 11666.67 yuan / ton. The price of isopropanol rose by 4.87% in the week.

 

2、 Market analysis

 

povidone Iodine

Product: isopropanol market is up this week. Since May, the price of isopropanol has experienced a short decline, and this week, the price of isopropanol continues to rise. Up to now, Shandong isopropanol negotiation range is about 11500-12000 yuan / ton, and Jiangsu isopropanol negotiation range is 11500-12300 yuan / ton. The negotiation range of isopropanol in South China is 12000-12100 yuan / ton. As far as the current international situation is concerned, the market demand for disinfectant will not decrease in the short term, and the export of isopropanol in China will continue for some time. Isopropanol factory many sealed offers do not report, mainly foreign trade.

 

Industry chain: in the upstream acetone market, the acetone market in East China has remained stable, with offers mostly of 7900-8050 yuan / ton; in Shandong, with offers mostly of 8350-8400 yuan / ton; in the surrounding areas of Yanshan, with tight supply, the offers are still firm, with offers mostly of 8450-8500 yuan / ton; in South China, with offers mostly of 7900-8000 yuan / ton. The arrival of the port can supplement the market supply, but there is no pressure on the overall supply, and high-level cargo holders continue to actively ship. This week’s propylene market mainly rose, and the current propylene market quotation in Shandong Province is between 6950-7050 yuan / ton.

 

3、 Future forecast

 

According to isopropanol analysts from the chemical branch of business society, domestic isopropanol prices have kept rising supported by foreign trade. In terms of the factory, there are many unsolicited offers, many domestic trade inquiries, very cautious in taking goods, mainly for foreign trade and export. The downstream acetone price is firm, the propylene market is rising, and the high-level operation is dominant. It is expected that isopropanol prices will be mainly high in the short term, and follow-up attention will be paid to the changes in the news.

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