Price Trend
Overall, the market price of isopropyl alcohol rose this week. At the beginning of the week, the average price of domestic isopropyl alcohol increased by 1.78%.
Figure: Comparison of price trends of acetone and isopropyl alcohol
The market price of isopropyl alcohol rose this week. At the beginning of the week, the main factory in Shandong was shut down, the ex-factory price was raised, the confidence in the market improved, and the holders pushed up the price. However, the enthusiasm of downstream buying was average, the demand side was insufficient, and the transaction volume was limited. The high-end price of isopropyl alcohol was lowered at the weekend.
As for the raw material acetone, the domestic acetone market price has fallen. The average price of acetone at the beginning of the week is compared with the average price at the weekend, and the price has fallen by 1.41%. At present, the actual orders in the market are mediocre, and the weakening cost has aggravated the wait-and-see atmosphere in the market. It is expected that the acetone market will not improve in the short term.
In terms of propylene, the domestic propylene market has slightly increased. The average market price at the beginning of the week increased by 0.77% compared with the average price at the weekend. Currently, propylene inventory is low, and downstream purchases are made at low prices according to demand. It is expected that propylene will be stable and strong in the short term.
Market Forecast
Currently, acetone prices are falling, and cost support is insufficient. In addition, the downstream market is not very active in purchasing, trading is light, and people are mainly on the sidelines. It is expected that the isopropanol market will be weak in the short term, and more attention will be paid to changes in the raw material market.
Post time: Mar-10-2025