1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol has increased this week. At the beginning of the week, the average price of isopropanol in China was 6650 yuan/ton, and on Thursday it was 6690 yuan/ton, with a price increase of 0.6%.
The market price of isopropanol has slightly increased this week. The rise in raw material acetone prices has boosted confidence in the isopropanol market within the market. The ex factory prices of enterprises have been raised, and holders of goods have followed suit, with downstream demand for replenishment. The disappearance of low-priced goods in the market has led to an increase in the focus of actual order negotiations. As of now, most of the isopropanol market prices in Shandong are around 6650-6700 yuan/ton; The majority of prices in the isopropanol market in Jiangsu region are around 6700-6750 yuan/ton.
In terms of raw material acetone, the domestic acetone market price has risen this week. At the beginning of the week, the average price of acetone in China was 6152.5 yuan/ton, and on Thursday it was 6265 yuan/ton, with a price increase of 1.83%. The rise in acetone raw materials boosted market confidence, boosted the mentality of holders, and led to an increase in on-site quotations.
In terms of propylene, the domestic propylene market is on the rise. At the beginning of the week, the market was at 6745.75 yuan/ton, and the average price on Thursday was 6823.25 yuan/ton, with a price increase of 1.15%. At present, international oil prices are rising, and some downstream facilities are expected to restart, which is positive for market sentiment. Sellers’ offers are pushing up prices.
3、 Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the prices of acetone and propylene dual raw materials have risen one after another, with strong cost support and good market confidence. It is expected that the isopropanol market will strengthen and consolidate in the short term, and more attention will be paid to changes in the raw material market.