1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. The average price of isopropanol in China was 7300 yuan / ton last Thursday and 7125 yuan / ton this Thursday. The price fell by 2.4% during the week.

2、 Market analysis

Figure: comparison chart of price trend of acetone and isopropanol

The domestic isopropanol market price fell this week. At present, isopropanol manufacturers mainly export orders. The domestic isopropanol market is relatively light, with strong wait-and-see sentiment, general downstream demand, and rigid demand. Up to now, most quotations of Shandong isopropanol are about 6900-7200 yuan / ton; Most of Jiangsu isopropanols are quoted at about 7200 yuan / ton. Internationally, isopropanol in the United States closed stable on July 5, while the European isopropanol market closed down.

In terms of raw acetone, the ex factory price of domestic acetone fell this week. The average price of domestic acetone was 5560 yuan / ton last Thursday and 5360 yuan / ton this Thursday. The price fell by 3.6% during the week. The strength of terminal procurement is general, and the actual orders on site are insufficient. The business community predicts that the acetone market will continue to be weak in the short term.

As for propylene as raw material, according to the price chart of business agency, up to now, the mainstream quotation of propylene (Shandong) market is 7400-7700 yuan / ton, the market supply pressure increases, and the price pressure drops. Propylene price is expected to be adjusted at a low level in the near future.

3、 Aftermarket forecast

Isopropanol analysts from the chemical branch of the business club believe that at present, domestic factories are mainly export orders, and the domestic isopropanol market demand is poor. Upstream, acetone fell, propylene fell, and cost support was weak. It is expected that the market focus of isopropanol will be downward in the short term.