1、 Price trend

According to commodity data monitoring, domestic isopropanol prices fluctuated in May, and fell slightly throughout the month. At the beginning of the month, the average price of isopropanol in China was 11666.67 yuan / ton, and at the end of the month, the average price was 11566.67 yuan / ton.

2、 Market analysis

In May, the domestic isopropanol market price changed a lot, and the whole month saw a small drop in price. In May, the price of isopropanol showed a rapid downward trend after labor day. After a week of short-term reduction, the market price gradually picked up, and the low monthly price appeared a small shock. Up to now, Shandong isopropanol negotiation range is about 11500-11600 yuan / ton, and Jiangsu isopropanol negotiation range is 11500-11700 yuan / ton. The negotiation range of isopropanol in South China is 11700-11800 yuan / ton. As far as the current international situation is concerned, the market demand for disinfectant in foreign countries will continue for some time, and the favorable factors of isopropanol in China mainly come from the export.

In terms of raw materials, the market price of acetone rose, the acetone market in East China pushed up again, the factory inventory and maintenance plan, the market supply was tight again, and there were few stocks in North China, and most of the supply was replenished from East China or even South China, so that the mainstream offers in East China pushed up 200-300 yuan / ton again, and the market offers 8600-8900 yuan / ton. Currently, the price is high, the stock is rare, and the downstream conflicts are obvious. The market price of propylene in Shandong is still down. Up to now, the mainstream market price is about 6400-6500 yuan / ton. The pressure of the manufacturer’s shipment increases and the inventory slows down, so the propylene price is expected to decline in recent days.

3、 Future forecast

According to the isopropanol analyst of the chemical branch of business society, the market price of raw acetone is rising, and the port quotation in East China is sporadically at a high price of 9000 yuan / ton. The current market has a new record in six years. However, the raw material propylene is weak, and the price is expected to decline. In terms of demand, favorable support from foreign trade will continue for some time. Domestic trade enquiries are more frequent, with the focus on wait-and-see, and the goods are very cautious. At present, the atmosphere of isopropanol market is slightly stalemate. On the whole, the probability of isopropanol price reduction in the short term is small, and follow-up attention will be paid to the change of news.