1、 Price trend

According to commodity data monitoring, the domestic isopropanol market rose slightly this week. The average price of isopropanol was 7166.67 yuan / ton last Friday and 7216.67 yuan / ton this Friday. The price rose by 0.7% during the week.

2、 Market analysis

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

The domestic isopropanol market rose steadily this week. At present, isopropanol is the main export order. The manufacturer’s price inventory is small, with a slight increase in Jiangsu and Zhejiang, and a relatively stable increase in Shandong. On the whole, the trading atmosphere in the domestic market is general, the traders are more cautious, and the traders remain on the sidelines. Up to now, most quotations of isopropanol in Shandong are about 7100 yuan / ton; Most of the quotation range of Jiangsu isopropanol is about 7350 yuan / ton; The quotation range of isopropanol in Zhejiang is around 7200 yuan / ton. Internationally, on January 11, isopropanol in the United States closed stable, while isopropanol in Europe closed slightly lower.

In terms of raw material acetone, the domestic acetone market rose first and then fell this week. The long holiday is approaching, and the participation of downstream factories is declining. According to the monitoring of business society, the national market showed that the national average offer was 5615 yuan / ton on January 14 and 5675 yuan / ton on January 21, with an overall increase of 1.07% during the week. As of January 21, the negotiation in East China was 5500 yuan / ton, the offer in Shandong was 5800 yuan / ton, the offer in surrounding areas of Yanshan was 5600 yuan / ton, and the offer in South China was 5750 yuan / ton. The business agency expects the short-term acetone market range to be adjusted, and the reference price negotiated in East China is 5450 yuan / ton.

In terms of raw material propylene, according to the price map of business society, the price of propylene (Shandong) continued to rise this week, breaking through 8000 yuan, with a slight correction on Friday. The mainstream price of propylene in Shandong is 8150-8200 yuan / ton. The maintenance of propylene units in Shandong increased, while the external supply decreased and the supply tightened. Towards the end of the year, the downstream began to prepare goods one after another. Stimulated by demand, the price of propylene rose strongly. Near the end of the year, the pre holiday goods preparation is coming to an end, there are signs of reduction in demand, the price callback occurred on Friday, and it is unlikely to continue to rise in the future.

3、 Future forecast

The isopropanol analyst of the chemical branch of business society believes that at present, the export orders of domestic factories are mainly, the inventory is low, and the domestic isopropanol market demand is general. The price of acetone rose first and then fell, the price of propylene rose, and the support of raw materials for isopropanol was acceptable. The price of isopropanol is expected to be stable in the short term.