1、 Price trend
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According to commodity data monitoring, isopropanol prices fell this week. At the beginning of the week, the average price of isopropanol in China was 8133.33 yuan / ton, and the average price at weekend was 7933.33 yuan / ton. During the week, the price decreased slightly, with the range of 2.46%.
2、 Market analysis
Isopropanol prices fell this week. Internationally, isopropanol in the United States closed stable on September 22, while the isopropanol market in Europe continued to decline. Up to now, the negotiation range of isopropanol in Shandong Province is about 7800-8400 yuan / ton, and that of Jiangsu Province is about 7900-8000 yuan / ton. Zhejiang isopropanol negotiation range of 7900-8000 yuan / ton. The quotation of propylene isopropanol is about 8300 yuan / ton.
In terms of raw materials, the price of raw material acetone fell this week. According to the monitoring of bulk commodity data, the domestic average price of acetone was 7275 yuan / ton at the beginning of the week, and 6900 yuan / ton at the weekend. The price of acetone dropped during the week by 2.46%. The domestic acetone market is in a weak position, and the manufacturers are under pressure to ship at low prices. The factories just need to replenish before the festival. The overall market operation is relatively stable. The offer of acetone market in East China is 6550-6600 yuan / ton. In terms of propylene, the current market turnover is between 7300-7650 yuan / ton, and the mainstream price is about 7450 yuan / ton. Most propylene manufacturers have controllable inventory.
3、 Future forecast
The isopropanol analyst of chemical branch of business society thinks: the price of raw material acetone drops, and the market price of propylene is stable. The cost support is weak; the price of isopropanol falls in the international aspect, and the export orders of isopropanol decrease. The domestic market demand is light, and traders mainly wait and see. Near the National Day holiday, isopropanol price adjustment space is limited, it is expected that isopropanol price will be stable in the short term.
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