1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol fell in February. On February 1st, the average price of isopropanol in China was 5733.33 yuan/ton, and on February 27th, the average price was 5625 yuan/ton, an increase of 1.89% compared to the beginning of the month.
The market price of isopropanol fell in February. In the first half of the year, the market price of isopropanol first rose and then fell, and the terminal demand was weak, mainly based on demand. Mid month is during the Spring Festival holiday, and the market is stable. The domestic isopropanol market maintained range fluctuations in the latter half of the year. As of now, most of the isopropanol market prices in Shandong are around 5500-5700 yuan/ton; The majority of prices in the isopropanol market in Jiangsu region are around 5600-5900 yuan/ton.
In terms of raw material acetone, the domestic acetone market price decreased in February. On February 1st, the average price of acetone was 4812.5 yuan/ton, and on February 27th, the average price was 4625 yuan/ton, with a price reduction of 3.9%. At present, the acetone market is mainly oscillating within a certain range in the short term, and the market is mostly wait-and-see.
In terms of raw material propylene, the domestic propylene market price increased in February. On February 1st, the market average was 6404.33 yuan/ton, and on February 27th, the average price was 6467.67 yuan/ton, with a price reduction of 0.99%. At present, there is a strong wait-and-see sentiment in the market, and market prices are stable with weak consolidation.
3、 Future forecast
The isopropanol analyst from the Chemical Branch of Shengyi Society believes that the isopropanol market price fell in February. At present, the mentality of cargo holders is still acceptable, and downstream demand is gradually recovering. It is expected that the isopropanol market will maintain stable operation in the short term, and more attention should be paid to the trend of the raw material market.