Price Trend
According to commodity data monitoring, the price of isopropanol rose sharply in July. At the beginning of the month, the average price of isopropanol in China was 4700 yuan/ton, and at the end of the month, it was 552.5 yuan/ton. The price rose within the month, with a range of 18.35%.
| Thiourea |
II. Market Analysis
Products: The domestic market for isopropanol has risen this month. On the one hand, the raw material acetone market has risen sharply, the propylene market has risen as a whole, and the market has risen seriously under the pressure of isopropanol cost. On the other hand, the start-up rate of domestic isopropanol plant is not high, and the contract is the main one. At present, domestic spot is tight, traders hold limited goods, most of the manufacturers do not close the offer. By the end of the month, the range of isopropanol negotiations in Shandong was 5300-5600 yuan/ton, that in Jiangsu was 5600 yuan/ton, and that in South China and Guangdong was around 6200 yuan/ton.
Industry chain: Looking from the upstream, the domestic acetone market returned strong this month, rising by 7.41%. At the end of the month, the market price of acetone was around 3380 yuan/ton. This month, the stock of acetone isopropanol is tight and the factory is in a good mood. The propylene market rose mainly this month, up 12.76%. Market bullish expectations are strong, and holders have no intention of delivering at a low price. By the end of the month, the mainstream price of propylene in East China market was around 7,900 yuan/ton. Propylene isopropanol plant cost surface storage, tap price operation is the main.
| Thiourea dioxide |
3. Future Market Forecast
Isopropanol analysts from the business society chemical branch believe that the raw material acetone market is rising, propylene prices are running at a high level, cost support is strong, traders have limited stock holdings, and most of the closures. Isopropanol will be up-regulated in the short term, focusing on the follow-up information changes of isopropanol.