1、 Price trend

According to commodity data monitoring, isopropanol prices fell slightly this week. The average price of domestic isopropanol was 7112.5 yuan / ton last Friday and 7100 yuan / ton this Friday. The price fell by 0.18% during the week.

2、 Market analysis

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

The domestic isopropanol market fell slightly this week. At present, the orders of isopropanol manufacturers are still mainly for export. Domestic market transactions remain deserted. Downstream enquiries are general, stay on the sidelines and take the goods carefully. Up to now, most quotations of Shandong isopropanol are about 6900-7000 yuan / ton; Most of the quotation range of Jiangsu isopropanol is about 7200 yuan / ton; Most quotations of isopropanol in Zhejiang are about 7200 yuan / ton. Internationally, on May 17, isopropanol in the United States closed stable and isopropanol market in Europe closed down.

In terms of raw material acetone, the price of isopropanol fell this week. The average price of domestic acetone was 5880 yuan / ton last Friday and 5800 yuan / ton this Friday. The price fell by 1.36% during the week. The on-site trading is general. The acetone price is relatively deadlocked this week, with a slight decline. The business society expects the acetone market to be strong in the short term.

In terms of raw propylene, the price of propylene (Shandong) accelerated this week, and the price was temporarily stable at the beginning of the week. It showed a significant decline on Friday, with an average reduction of 150 yuan / ton. The raw material cost fluctuated and the support was acceptable. The supply of propylene in the market has increased, the market demand is dominated by rigid demand, and the price is growing and falling rapidly. The overall purchase of downstream enterprises is still more cautious, focusing on maintaining production. Propylene analysts at the chemical branch of business agency believe that if the cost side remains in a narrow range, it is expected that the recent low-level consolidation of propylene market will be the main trend.

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 prices of raw materials acetone and propylene fell one after another, the support of raw materials was weak, and the market confidence was insufficient. It is expected that the market price of isopropanol will be stable in the short term.