1、 Price trend

According to commodity data monitoring, isopropanol prices rose sharply. On March 25, the average price of isopropanol in China was 8266.67 yuan / ton, and on March 26, the average price was 9400 yuan / ton, with a sharp increase of 13.71%.

2、 Market analysis

Product: isopropanol started to rise on March 13, and the price soared. Today, the domestic isopropanol market price increase is the highest ever, with individual manufacturers increasing as much as 1100 yuan / ton compared with the previous day. At present, isopropanol in the United States and Europe continues to rise sharply, and isopropanol exports continue to increase. From March 20, 2020, the export tax rebate of isopropanol will be increased from 10% to 13%, which will increase the external competitive advantage of isopropanol. Up to now, the negotiation range of isopropanol in Shandong Province is about 9000-9300 yuan / ton, and that in Jiangsu Province is 8800-9500 yuan / ton. In terms of the current international situation, the European market has a high demand for disinfectant and other resources, and traders and buyers have turned to Asia to purchase isopropanol, which indirectly pushed up the price of domestic isopropanol market.

Industry chain: the upstream acetone market is mainly stable, with the current quotation of 4450-4500 yuan / ton in East China; 4700 yuan / ton in Shandong; 4650 yuan / ton for the temporary stable operation in surrounding areas of Yanshan; 4750 yuan / ton in South China. The market price of propylene in Shandong Province has risen slightly. At present, the market turnover is 5750-6000 yuan / ton, and the mainstream price is about 5800 yuan / ton.

3、 Future forecast

Analysts of isopropanol from the chemical branch of business society think that the surge of isopropanol is due to a large amount of demand in the export market, especially in Europe and the United States where the demand for disinfectants is rising, the export volume of isopropanol will not decrease in the short term, which is good for the domestic market. Pay more attention to the change of message surface in the future.