1、 Price trend

According to the commodity data monitoring, the domestic isopropanol price rose first and then fell in June, and it still rose in the whole month. At the beginning of the month, the average price of isopropanol in China was 11500 yuan / ton, and at the end of the month, the average price was 11975 yuan / ton.

2、 Market analysis

In June, domestic isopropanol prices rose first and then fell. In the first ten days of June, the price of isopropanol rose all the way due to the influence of acetone. On June 1, the average price was 11500 yuan / ton, and on June 10, the average price was 13933.33 yuan / ton, an overall increase of 21.16%. Then, with the decline of acetone, isopropanol also further followed the decline. As of June 28, the average price was 11975 yuan / ton, down 14.06% from June 10.

In terms of raw materials, the market price of acetone is closely related to the price of isopropanol. The market price of acetone has also changed from the rising trend at the beginning of the month to the stable transition in the middle of the month to the gradual reduction. As of the end of the month, the price of acetone has returned rationally. At present, the mainstream market has fallen below 10000 yuan. In the short term, the negotiation range in East China is 9600-9900 yuan / ton. The price of isopropanol by acetone method also follows its adjustment, the price rises first and then falls.

In terms of propylene, the market price of propylene in Shandong Province fluctuated frequently this month. Overall, in June, the propylene market price in Shandong went up. At the beginning of the month, the average domestic propylene price was 6642.73 yuan / ton, while at the end of the week, the average propylene price was 6871.72 yuan / ton. Within the month, the price was increased by 2.09%. At present, propylene manufacturers are in good condition of delivery, no inventory pressure. The profit of propylene isopropanol is still very considerable. Due to the decrease of foreign trade orders, there is still room for price reduction.

International markets, as of June 23, the U.S. isopropanol market continued to fall deeply, while the European isopropanol market closed down sharply. Overseas disinfectant market demand for isopropanol decreased, overseas orders decreased, isopropanol factory operating rate decreased, and the price decreased. In terms of domestic trade, there are many inquiries, mainly waiting and taking care of the goods. Up to now, the negotiation range of Shandong isopropanol is about 11500-11900 yuan / ton, and Jiangsu isopropanol is 11500-11800 yuan / ton. The negotiation range of isopropanol in South China is 12600-12700 yuan / ton.

3、 Future forecast

According to isopropanol analysts from the chemical branch of business society, the price of raw material acetone is rational, the profit of isopropanol produced by propylene method is considerable, and the cost support is limited. International market, isopropanol market continued to fall. In terms of demand, foreign trade benefits slowed down, and export orders decreased significantly. There are many domestic trade enquiries, mainly waiting and taking care of the goods. On the whole, in the short term, the price of isopropanol is likely to continue to decline, and follow-up attention will be paid to the change of news.