1、 Price trend
According to commodity data monitoring, isopropanol prices rose this week. The average price of domestic isopropanol was 7066.67 yuan / ton at the beginning of the week and 7166.67 yuan / ton on Friday. The price increased by 1.42% during the week.
2、 Market analysis
Figure: comparison of price trend of acetone and isopropanol from November to January
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This week, the price of isopropanol increased, the factories in Shandong were shut down, and the factories in South China were closed. The overall market confidence was good. Up to now, most of the quotations of isopropanol in Shandong are about 7100-7200 yuan / ton; Most of the quotation range of Jiangsu isopropanol is about 7300 yuan / ton; The quotation range of isopropanol in Zhejiang is around 7300 yuan / ton. Internationally, on January 4, the U.S. isopropanol market closed stable, while the European isopropanol market closed relatively stable.
In terms of raw acetone, the market price of acetone rose this week. According to the monitoring of bulk commodity data, the average price of acetone was 5412.5 yuan / ton at the beginning of the week and 5450 yuan / ton on Friday. The price increased by 0.69% during the week.
In terms of raw material propylene, the price of propylene (Shandong) increased significantly this week, and the manufacturer’s offer continued to rise. As of Friday, the propylene price in Shandong market was 7800-7850 yuan / ton, up 300 yuan / ton from last weekend. The production of the enterprise is stable, the inventory is in the middle, and the delivery of goods remains stable. The price of propylene raw material rose strongly, the offer of propylene pushed up, and the downstream acceptance was acceptable.
3、 Future forecast
Isopropanol analysts of the chemical branch of business society believe that the market price of raw material acetone rises, propylene continues to rise, and the cost support is strong. The factories in Shandong are shut down, the factories in South China are closed, and the downstream factories purchase more on demand. Isopropanol still has little room to rise in the short term, and pay attention to the subsequent changes in isopropanol news.
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