Factory inventory is low, domestic isopropanol prices rise in April

According to the monitoring of bulk commodity data, the price of isopropanol has risen this month. The average domestic isopropanol price at the beginning of the month was 8966.67 CNY/ton, and the average price at the end of the month was 9266.67 CNY/ton. The price increased by 3.35% during the month.

Overall, domestic isopropanol prices have risen this month. The market price was relatively stable at the beginning of April, and the price of isopropanol began to decrease slightly on April 6. After the 10th, the factory inventory was low, and some factories did not make external quotations. The market price of isopropanol began to gradually increase to the end of the month. Internationally, the US isopropanol closed down on April 27, while the European isopropanol market closed slightly higher. Up to now, the domestic Shandong isopropanol negotiation interval is about 8900-9200 CNY/ton, and the Jiangsu isopropanol negotiation interval is about 9350-9500 CNY/ton. The negotiation interval of Zhejiang isopropanol is around 9,200 CNY/ton.

In terms of raw material Acetone, the focus of the domestic acetone market shifted this month. At the beginning of the month, the average domestic acetone price was 8,700 CNY/ton, and the average price at the end of the month was 8,250 CNY/ton. The price fell within the month by 5.17%. As the price of acetone moves downward, the acetone process plant is expected to increase the operating rate of isopropanol in May.

In terms of raw material PROPYLENE, the market price rose slowly in early April, with an average daily price increase of about 50 CNY/ton. The price started to rise on the 6th and stabilized. On the 16th, the price rose steadily at a rate of 50 CNY/ton per day. It started to stabilize. On the 26th, the price fell by about 50 CNY/ton, and on the 27th and 28th, it fell by about 150 CNY/ton. The current market transaction is between 8150~8700 CNY/ton, and the mainstream price is about 8250 CNY/ton. U.S. propylene's external market was again significantly lowered on April 20, which may have a certain impact on the domestic market. The price of propylene in Asia has remained stable recently, which has little impact on the PROPYLENE market. There is no pressure on the propylene market inventory, and some devices are still under maintenance. The supply of goods in Shandong is slightly tight.

At present, the focus of the domestic isopropanol market is rising, factory inventories are low, and prices have risen slightly. Traders are more cautious in taking the goods, and they wait and see in the market. Downstream customers mainly purchase on-demand. The isopropanol market offers higher offers but fewer transactions. The market price of isopropanol is expected to stabilize temporarily in the short term.