1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. At the beginning of the week, the average price of isopropanol in China was 11300 yuan / ton and 10600 yuan / ton at the weekend. The price dropped by 6.19% during the week.

2、 Market analysis

Domestic isopropanol prices continued to fall this week. In the international market, the isopropanol market in the United States continued to fall deeply, while the isopropanol market in Europe slightly improved. The demand for isopropanol in the overseas disinfectant Market decreased, and the overseas orders decreased. The center of gravity of the domestic market has shifted downward, and there are more inquiries. We are mainly on a wait-and-see manner. We are very cautious in taking goods. Up to now, the negotiation range of isopropanol in Shandong Province is about 10300-10800 yuan / ton, and that of Jiangsu Province is 10500-10600 yuan / ton. The negotiation range of isopropanol in South China is 10500-10600 yuan / ton. Recently, export orders decreased, and the favorable foreign trade of isopropanol slowed down.

In terms of raw materials, the domestic acetone market continues to be sluggish, and the market negotiation is deadlocked. The negotiation range is about 8550-8650 yuan / ton. Acetone isopropanol lack of support, the price tilted downward. In terms of propylene, the market price of propylene in Shandong remained stable. At present, the market turnover is between 6810 yuan / ton and 7100 yuan / ton, and the mainstream price is about 6850 yuan / ton, which is still in the high range, and the inventory backlog is not obvious. The profit of propylene isopropanol is fair, and the pressure of price reduction is not large due to the decrease of foreign trade orders.

3、 Future forecast

Isopropanol analysts of the chemical branch of business society believe: the market price of raw material acetone continues to be depressed, the profit of propylene isopropyl alcohol is acceptable, and the cost support is weak. On the demand side, the favorable situation of foreign trade slowed down, export orders were significantly reduced, and domestic trade inquiries were more, mainly wait-and-see. Generally speaking, the price of isopropanol in the short term is likely to continue to decline, and the follow-up attention to the news changes.