1、 Price trend
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According to the monitoring of commodity data, the price of isopropanol rose first and then fell this week, and the overall price was slightly improved. The average price of isopropanol in China was 9500 yuan / ton at the end of last week, and 9533.33 yuan / ton this weekend. The price of isopropanol increased by 0.35% during the week.
2、 Market analysis
Chart: comparison of acetone and isopropanol price trend from August to November
The price of isopropanol rose first and then fell under the influence of acetone this week, and the overall price slightly increased. Internationally, isopropanol in the United States closed stable on December 8, while the isopropanol market in Europe closed stable. Up to now, the negotiation range of isopropanol in Shandong Province is about 9400-9700 yuan / ton, and that of Jiangsu Province is about 9600-9700 yuan / ton. Zhejiang isopropanol negotiation range is around 9600 yuan / ton. The quotation of isopropanol from propylene process is about 9700 yuan / ton.
In terms of raw material acetone, the acetone market rose first and then fell this week. According to the monitoring of bulk commodity data, the domestic acetone price was 8500 yuan / ton at the end of last week, and the average price was 8750 yuan / ton at the end of this week, and the price increased by 2.94% during the week. At present, the acetone market negotiation center of gravity rose after a correction, acetone port supply has been replenished, under the pressure of shippers, the offer decreased. At present, the discussion on acetone market in East China is relatively light. The acetone market is expected to be weak in the short term.
In terms of raw material propylene, propylene market also showed the situation of first rising and then falling this week, but the decline was limited. According to the monitoring of bulk commodity data, the domestic propylene price at the end of last week was 7843.73 yuan / ton, while the average price of this weekend was 8102.73 yuan / ton, and the price increased by 3.3% during the week. At present, propylene manufacturers have a small inventory, smooth shipment, crude oil price fluctuation, the downstream market generally, began to cool down, so it is expected that the propylene price may decline in the near future.
3、 Future forecast
Isopropanol analysts of chemical branch of business club think: raw materials acetone and propylene are bearish in the future, which is unfavorable to the cost support of isopropanol. International aspect isopropanol price closed stable, isopropanol export orders continued. At present, the domestic market demand is light, traders mainly wait and see. It is expected that the price of propanol will continue to fall in the short term, and the follow-up attention will be paid to the changes in the news.
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