Lack of support, China’s domestic isopropanol market continued to fall (7.20-7.24)

1、 Price trend

 

Gamma-PGA (gamma polyglutamic acid)

According to commodity data monitoring, isopropanol prices fell this week. At the beginning of the week, the average price of isopropanol in China was 11300 yuan / ton and 10600 yuan / ton at the weekend. The price dropped by 6.19% during the week.

 

2、 Market analysis

 

Domestic isopropanol prices continued to fall this week. In the international market, isopropanol continued to decline in the United States and European markets. The demand for isopropanol in the overseas disinfectant market was lower than before, and overseas orders were reduced to varying degrees. The center of gravity of the domestic market has shifted downward, and there are more inquiries. We are mainly on a wait-and-see manner. We are very cautious in taking goods. Up to now, the negotiation range of isopropanol in Shandong Province is about 9100-10000 yuan / ton, and that of Jiangsu Province is about 9900-10000 yuan / ton. The negotiation range of isopropanol in South China is around 10000 yuan / ton.

 

Benzalkonium chloride

In terms of raw materials, the domestic acetone market continued to explore the bottom, with factory settlement at the end of the month, and the spot resources on the market were slightly strained. The downstream just needed to follow up, and the overall inquiry was sluggish. The port and factory supply is sufficient. At present, Yangzhou Shiyou acetone is 7200 yuan / ton, and other factories are mostly at 7600 yuan / ton. The market negotiation range is about 7100-7700 yuan / ton. In terms of propylene, the market price of propylene in Shandong remained stable. The market turnover is between 6800-7100 yuan / ton, and the mainstream price is about 6850 yuan / ton. Now propylene manufacturers shipping general, inventory pressure is not big. Cost support is weak, isopropanol market price began to tilt downward.

 

3、 Future forecast

 

Isopropanol analysts of chemical branch of business society believe: the market price of raw material acetone continues to be low, and the market price of propylene is generally stable. Overall, isopropanol cost support is weak. On the demand side, the positive effects of foreign trade slowed down, the international market competition became increasingly fierce, and export orders were significantly reduced. It is expected that the price of isopropanol will continue to fall in the short term, and the follow-up attention will be paid to the changes in the news.

http://www.lubonchem.com/

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