price trend
This week, the market price of isopropanol in Shandong has increased. The average price of isopropanol in China was 7516.66 yuan/ton on Monday and 7966.67 yuan/ton on Friday, with a price increase of 5.99%.
The market price of isopropanol has increased this week. Acetone and propylene prices have risen one after another, with strong support from raw material costs and continuous price increases from manufacturers. The reluctance of the holders to sell is evident, and the focus of market negotiations is shifting upwards. However, downstream purchasing intentions are generally average, and on-site actual orders are cautious and limited in volume. As of now, most of the isopropanol market prices in Shandong are around 7900-8000 yuan/ton; The majority of isopropanol market prices in Jiangsu region are around 8050-8200 yuan/ton.
Future forecast
Analysts believe that the price of isopropanol in the market has risen this week, with strong support from raw material costs. Manufacturers have reported higher prices, leading to strong upward sentiment. Downstream procurement is mainly driven by urgent needs, with a strong wait-and-see attitude. It is expected that the isopropanol market will strengthen and consolidate in the short term, with more attention paid to the trading trends of major companies.