price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol has decreased this week. At the beginning of the week, the average price of isopropanol in China was 5983.33 yuan/ton, and the average price over the weekend was 5916.67 yuan/ton, with a price reduction of 1.11%.
The market price of isopropanol has decreased this week. The overall market situation of isopropanol is light, while the acetone market in East China is fluctuating downwards. In addition, weak downstream demand has led to increased inventory, resulting in a decline in the holding price. As of now, most of the isopropanol market prices in Shandong are around 5700-5800 yuan/ton; The majority of isopropanol market prices in Jiangsu region are around 6000-6200 yuan/ton.
Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the isopropanol market price has fallen this week. The raw material acetone fluctuated slightly downwards, while the price of propylene decreased. Overall, cost support is not satisfactory. The downstream market is mainly focused on urgent demand for goods, and transactions are cautious. It is expected that the isopropanol market will remain cautious in the short term, with a focus on stable operation.