1、 Price trend

According to commodity data monitoring, the price of isopropanol increased slightly this week. The average price of isopropanol in China was 7275 yuan / ton last Friday and 7362.5 yuan / ton this Friday. The price increased by 1.2% during the week.

2、 Market analysis

Figure: comparison chart of acetone and isopropanol prices from March to May

The domestic isopropanol market increased slightly this week. At present, the orders of isopropanol manufacturers are still mainly for export. At present, domestic downstream demand for isopropanol is general. Up to now, most quotations of Shandong isopropanol are about 7200-7400 yuan / ton; The quotation range of Jiangsu isopropanol is about 7200-7450 yuan / ton; Most quotations of Zhejiang isopropanol are about 7300 yuan / ton. Internationally, on July 7, the U.S. isopropanol closed down, while the European isopropanol market closed down.

In terms of raw acetone, the price of isopropanol rose this week. The average price of acetone in China was 6140 yuan / ton last Friday and 6160 yuan / ton this Friday. The price was increased by 0.33% during the week. At present, the phenol ketone plant is still close to the profit and loss, and the enthusiasm for pushing up still exists. However, the operators in the field have a stable mentality, the offer remains firm, and they always pay attention to the trend of the plant. After the festival, it is the beginning of the month, and the downstream mainly digests contracts. The terminal has little enthusiasm for replenishment, and the trading volume may not be high. According to the prediction of the business club, the acetone market will be mainly adjusted in a narrow range in the short term.

As for raw propylene, as of the end of this week, the mainstream quotation of propylene (Shandong) market was 7800-7900 yuan / ton, and the price fell below 8000 yuan. It is reported that. Due to the production of new units and the resumption of overhaul units, the supply of propylene has increased, the market competition has intensified, and the enterprise has been forced by the sales pressure to give up profits and goods, and some process routes are even in a state of loss. Downstream market demand is mainly just demand, fast in and fast out, and the overall market is in a situation of supply exceeding demand. Propylene analysts from the chemical branch of the business community believe that the cost of raw materials is high. At present, the supply of propylene market is loose and the demand side follows up slowly. It is expected that the propylene market will be weak and downward in the near future.

3、 Aftermarket forecast

The isopropanol analyst of the chemical branch of the business club believes that: at present, domestic factories mainly export orders, and the domestic isopropanol market demand is general. The downstream just needs to receive orders, and the demand lacks support. It is expected that the adjustment space for isopropanol will be limited in the short term.