1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol has slightly increased this week. At the beginning of the week, the average price of isopropanol in China was 6541.67 yuan/ton, and the average price over the weekend was 6558.33 yuan/ton, with a price increase of 0.25%.
The market price of isopropanol has slightly increased this week. The price of raw material acetone is rising, and the isopropanol market is tentatively increasing, but there is a lack of confidence in the future market. As of now, most of the isopropanol market prices in Shandong are around 6400-6500 yuan/ton; The majority of prices in the isopropanol market in Jiangsu are around 6650-6700 yuan/ton. Overall, the confidence in the isopropanol market is average, with a focus on maintaining stability.
In terms of raw material acetone, the domestic acetone market price has risen this week. At the beginning of the week, the average price of acetone in China was 5970 yuan/ton, and the average price over the weekend was 5990 yuan/ton, with a price increase of 0.34%. At present, the trading atmosphere in the acetone market is average, and offers maintain range fluctuations.
In terms of propylene, the domestic propylene market is on the rise. At the beginning of the week, the market was at 6728.25 yuan/ton, and the average price over the weekend was 6685.75 yuan/ton, with a downward trend of 0.63%. At present, manufacturers are offering discounts and downstream customers are purchasing at lower prices according to demand. It is expected that the market will remain weak and stable in the short term.
3、 Future forecast
The isopropanol analyst from the Chemical Branch of Shengyi Society believes that the acetone market price is rising, the propylene price is falling, and the cost support is average. Downstream markets will purchase according to demand, and isopropanol will maintain stable operation. It is expected that the isopropanol market will consolidate and operate in the short term, with more attention paid to changes in the raw material market.