1、 Price trend

According to commodity data monitoring, isopropanol prices fell this month. The average price of isopropanol in China was 7133.33 yuan / ton at the beginning of the month, and 6650 yuan / ton at the end of the month. The price fell by 6.78% within the month.

2、 Market analysis

Figure: price trend comparison of acetone and isopropanol in June

In June, domestic isopropanol fluctuated and fell. Internationally, the price of isopropanol in the United States was stable in June, while the market of isopropanol in Europe was stable. Up to now, the quotation range of isopropanol in Shandong is about 6600-6800 yuan / ton, and that in Jiangsu is about 6500-6900 yuan / ton. The quotation range of isopropanol in Zhejiang is 6500-6600 yuan / ton. This month, the raw material acetone fell, the operation rate of East China acetone isopropanol plant increased, the downstream wait-and-see sentiment was obvious, the on-site inquiry was general, the on-site trading of isopropanol was short, and the price was reduced.

In terms of raw materials, isopropanol prices fell this month. The average price of domestic acetone was 5675 yuan / ton at the beginning of the month and 4950 yuan / ton at the end of the month. The price fell by 12.78% within the month. At present, the supply of spot resources in the market is sufficient, the buying mood of terminal factories is general, the overall trading atmosphere of the market is low, and there are few real orders in the market. Factory inventory is high, import supply is replenished one after another, market supply is sufficient, short-term trading atmosphere is difficult to change, terminal just need small order replenishment. Downstream more wait-and-see, operators more cautious operation. The cost of propylene isopropanol is inverted, and the operating rate is low. Except for Jinzhou petrochemical, all other units are shut down in May.

3、 Future forecast

Isopropanol analyst of chemical branch of business society thinks: at present, foreign export orders are general. The price of raw material acetone fell, the cost of propylene hung upside down, and the effect of forced support was little. Most of the downstream operators are mainly on the wait-and-see basis, and their buying enthusiasm is not high. At present, the factory inventory increases, the spot supply is sufficient, and the delivery pressure of the goods holder is greater. The lower reaches are mainly wait-and-see, and the overall trading atmosphere of the market is light. Overall, isopropanol prices are likely to continue to decline in the short term, and follow-up attention should be paid to news changes.