The market price of isopropanol decreased this week (8.27-9.03)

1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. The average price of domestic isopropanol was 7666.67 yuan / ton last Friday and 7200 yuan / ton this Friday. The price decreased by 6.09% during the week.

2、 Market analysis

Figure: comparison of price trend of acetone and isopropanol from July to September

Isopropanol prices fell at the beginning of the week. Up to now, most of the quotations of isopropanol in Shandong are about 7000-7300 yuan / ton; Most of the quotation range of Jiangsu isopropanol is about 7100-7200 yuan / ton; The quotation range of isopropanol in Zhejiang is around 7100 yuan / ton. Internationally, on August 31, the U.S. isopropanol closed higher, and the European isopropanol market closed higher. The decline of acetone slowed down this week, and the price of isopropanol is expected to stop falling and pick up.

In terms of raw material acetone, the current decline in acetone market has slowed down. According to commodity data monitoring, the average price of acetone was 6400 yuan / ton last Friday and 6300 yuan / ton this Friday. The price decreased by 1.56% during the week. At present, there is little fluctuation in the domestic acetone market. Although the market trading atmosphere is cold, the mentality of shippers can maintain range fluctuation, the enthusiasm of terminal follow-up is poor, and the operating rate of downstream plants has declined, and the firm offer is limited.

In terms of raw material propylene, according to the bulk list data of business society, the domestic propylene (Shandong) market price was under pressure this week. At the beginning of the week, the market was 7775 yuan / ton, and the weekend average price was 7617 yuan / ton, down 2.04%. Propylene analysts from the chemical branch of business society believe that crude oil is weak and volatile, and the demand side needs to be improved. It is expected that the propylene market will be weak and volatile in the near future.

3、 Future forecast

The isopropanol analyst of business society chemical branch believes that the overall demand of domestic isopropanol market is general. The price of propylene decreased, the price of acetone decreased, the support of raw materials for isopropanol was weak, and the price of isopropanol decreased. If the price of raw material acetone stops falling and rebounds next week, the isopropanol market will follow. It is expected that the price of isopropanol will stop falling in the short term. Pay attention to the changes in the news.

Thiourea