price trend
According to the monitoring of the commodity market analysis system, the market price of isopropanol has slightly increased this week. The average price of isopropanol in China was 6950 yuan/ton on Monday and 6966.67 yuan/ton on Friday, with a price increase of 0.24%.
The market price of isopropanol has slightly increased this week. The prices of major manufacturers in Shandong region remain stable. The price of propylene has risen, with some support from raw material costs, but the overall trading atmosphere is average, with limited intention to lower prices and insufficient follow-up on high prices. Downstream orders are cautious and purchasing intentions are weak. As of now, most of the isopropanol market prices in Shandong are around 6600-6700 yuan/ton; The majority of prices in the isopropanol market in Jiangsu are around 6850-7100 yuan/ton.
Future forecast
Isopropanol analysts believe that the market price of isopropanol has risen this week, and the focus of the raw material propylene market has shifted upwards. Cost support is still present, and downstream purchases are mostly in demand, resulting in a strong wait-and-see sentiment. It is expected that the isopropanol market will maintain narrow fluctuations in the short term, and attention should be paid to the trading trends of major companies.