price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol has decreased this week. At the beginning of the week, the average price of isopropanol in China was 5883.33 yuan/ton, and the average price over the weekend was 5783.33 yuan/ton, with a price reduction of 1.7%.
The market price of isopropanol has decreased this week. The price reduction of upstream raw material acetone has limited support for isopropanol. In addition, the overall market situation of isopropanol is light, with weak demand and a strong wait-and-see sentiment in the market. The trading focus is weak, and the actual trading is cautious. As of now, most of the isopropanol market prices in Shandong are around 5650-5700 yuan/ton; The majority of isopropanol market prices in Jiangsu region are around 5800 yuan/ton.
Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the isopropanol market price has fallen this week, and cost support is limited. The overall trading volume in the downstream market is light, and actual orders are cautious. It is expected that the isopropanol market will remain cautious in the short term, with a focus on weak stability consolidation.