1、 Price trend
Isopropanol prices fell this week, according to commodity data monitoring. At the beginning of the week, the average price of isopropanol in China was 13433.33 yuan / ton, while at the end of the week, the average price was 12766.67 yuan / ton, and the price rose within the week by 4.96%.
2、 Market analysis
| ferric sulfate (Poly ferric sulphate) |
Product: isopropanol market fell this week. Isopropanol prices have continued to rise since mid March. In early April, prices continued to soar as export orders were delivered centrally and factories cut production temporarily due to accidents. Near the end of April, the price of isopropanol began to fall this week. Up to now, Shandong isopropanol negotiation range in China is about 12800-13000 yuan / ton, and Jiangsu isopropanol negotiation range is 12300-13000 yuan / ton. The negotiation range of isopropanol in South China is 12700-12800 yuan / ton. Influenced by the international situation, the isopropanol export in China will continue for some time. Many factory offers do not report, domestic trade inquiries more, take goods very cautious, few transactions.
Industry chain: the upstream acetone market price rises in a narrow range. At present, the price in East China is 6850 yuan / ton; that in Shandong is 6500 yuan / ton; that in surrounding Yanshan is 6400 yuan / ton; and that in South China is 7000 yuan / ton. The main market price of propylene in Shandong is 5850-5900 yuan / ton. Affected by the international situation, crude oil prices fell sharply again, which may have a greater negative impact on propylene market.
3、 Future forecast
According to isopropanol analyst of the chemical branch of the business society, due to the influence of overseas demand, the factory did not make many offers, mainly foreign trade orders. There are many domestic trade inquiries, very cautious in taking goods, and few transactions. Downstream demand is very low, domestic isopropanol price is loose. It is expected that the price will still tilt down in the short term, and follow-up attention will be paid to the change of news.
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