1、 Price trend

According to the monitoring of bulk commodity data, the domestic isopropyl alcohol market price rose this month. On September 1, the average price of isopropyl alcohol was 6420 yuan/ton, and on September 30, the average price was 7430 yuan/ton. The price was raised within the month by 15.73%.

2、 Market analysis

Figure: Comparison of acetone and isopropanol prices from April to June

The domestic isopropanol market price rose this month. At present, the domestic isopropanol market is fair. The price of upstream raw material acetone rose, isopropanol followed closely, and the price rose. Up to now, most of the isopropanol market quotations in Shandong are around 70000-7400 yuan/ton; Most quotations in Jiangsu isopropanol market are about 7500-7650 yuan/ton. Most factories suspend external quotation. Internationally, on September 27, the closing price of American isopropyl alcohol fell, while the European isopropyl alcohol market was mixed.

In terms of raw material acetone, the market price of acetone rose this month. The average price of acetone was 4710 yuan/ton on September 1, and 5580 yuan/ton on September 30. The price rose by 18.74% in the month. The prices of major mainstream markets were firm this month, the National Day was approaching, and most downstream markets had replenished. The on-site spot supply is still tight, and the terminal just needs to purchase.

In terms of raw propylene, the propylene market price rose this month. On September 1, the average price of propylene was 7100.6 yuan/ton, and on September 30, the average price was 7620.6 yuan/ton. During the month, the price rose by 7.32%. Downstream inquiry was active, and the enthusiasm for buying goods increased. Supply is still loose. Fortunately, downstream demand continues to improve, supporting propylene prices. In terms of demand, the profitability of downstream products has increased, the operating rate has been raised, and the procurement has been increased to benefit the propylene market.

3、 Future market forecast

Isopropyl alcohol analysts from Chemical Branch of Business Cooperative believe that the prices of domestic raw materials acetone and propylene have risen this month. Domestic isopropyl alcohol market has strong cost support, good market confidence and a good trading atmosphere. It is expected that the isopropanol market will be strong and upward in the short term. Pay attention to the subsequent raw material market trend.