1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. The average price of isopropanol in China was 6975 yuan / ton last Thursday and 6775 yuan / ton this Thursday. The price fell by 2.87% during the week.

2、 Market analysis

Figure: comparison chart of price trend of acetone and isopropanol

The domestic isopropanol market price fell this week. At present, isopropanol manufacturers mainly export orders. At present, the domestic downstream demand for isopropanol is light, the market trading atmosphere is general, the downstream orders are cautious, and the enthusiasm to buy is limited. Up to now, most quotations of Shandong isopropanol are about 6500-6900 yuan / ton; Most of Jiangsu isopropanols are quoted at about 6700-6900 yuan / ton. Internationally, isopropanol in the United States closed stable on July 19, while the European isopropanol market closed down.

In terms of raw acetone, the acetone market fell first and then rose this week. The average price of domestic acetone was 4920 yuan / ton last Thursday and 4800 yuan / ton this Thursday. The price fell by 2.44% during the week. At the beginning of the week, an unexpected shutdown of a domestic factory stimulated the market to rise. In addition, the higher cost side drove the positive offer of shippers. On the 20th, North China Petrochemical and Lihua yiweiyuan raised their listing prices, further supporting the market to rise. However, terminal inquiries increased, and there were few actual purchases. Some traders made profits and actively shipped goods. In fact, the market was high, but low, but the market as a whole was up. Raw materials rose, pushing up the atmosphere on the floor, but the demand side did not improve in a large area. The short-term East China acetone market negotiation was 4800-5000 yuan / ton.

In terms of raw propylene, the market price of propylene rose. The average price of domestic propylene was 7634.6 yuan / ton last Thursday and 7414.6 yuan / ton this Thursday. The price fell by 2.88% during the week. The downstream market demand is mainly rigid demand, the market is more wait-and-see, and enterprises are more cautious in purchasing. It is expected that the market supply will be loose and the price bottom will fluctuate in the short term.

3、 Aftermarket forecast

The isopropanol analyst of the chemical branch of the business club believes that the domestic isopropanol market demand is relatively light at present. Acetone market fell first and then rose, the market rebounded, and the cost support improved slightly. It is expected that the isopropanol market will operate weakly and stably in the short term.