1、 Price trend
Isopropanol prices rose this week, according to commodity data monitoring. The average price of isopropanol in China was 8800 yuan / ton last Friday and 9033.33 yuan / ton this Friday. The price rose by 2.65% in the week.
2、 Market analysis
Figure: price trend comparison of acetone and isopropanol from February to April
Isopropanol prices rose this week. Internationally, isopropanol in the United States closed stable on April 13, while isopropanol market in Europe closed stable. In terms of raw materials, the prices of propylene and acetone have risen, and the cost side has strong support. Isopropanol factory inventory is low, prices rise. Traders were more cautious in taking the goods. They were more wait-and-see in the market. Downstream customers mainly purchased on demand, and isopropanol market was higher. Up to now, the negotiation range of isopropanol in Shandong Province is about 8700-9200 yuan / ton, and that of isopropanol in Jiangsu Province is about 9100-9200 yuan / ton. The negotiation range of isopropanol in Zhejiang is around 9100 yuan / ton.
In terms of raw material acetone, the domestic acetone market has been pushed up. The mainstream quotation of manufacturers is about 8300-8450 yuan / ton. The stock in Hong Kong has declined rapidly. The dealers have a positive attitude and the offer has gone up. In particular, the large dealers are in a high mood to support the price. The downstream factories are replenishing the products one after another. The atmosphere of market negotiation is good.
In terms of raw material propylene, the mainstream quotation of manufacturers is between 8300-8400 yuan / ton. U.S. propylene on April 1, down on the domestic market may have a certain impact. Propylene prices in Asia have risen slightly recently, which has little impact on the propylene market. Propylene market is now no pressure inventory, part of the device is still in repair. It is expected that the market will continue to move upward.
3、 Future forecast
Isopropanol analyst of chemical branch of business society thinks: at present, foreign export orders are relatively stable. Due to the rising market prices of propylene and acetone, the cost of isopropanol is under pressure, so the price of isopropanol is increased. From the perspective of sorting out, traders mainly wait and see, while downstream enterprises are more cautious in buying. It is expected that the market price of isopropanol will be stable temporarily in the short term.
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