This Week's Isopropyl Alcohol Market Prices Decrease (8.11-8.15) in China

August 15th News

Price Trend

According to the commodity market analysis system, the price of isopropanol in China decreased this week. At the beginning of the week, the average price of isopropanol in China was 5775 CNY/ton, and by the end of the week, it had dropped to 5700 CNY/ton, a decrease of 1.3%.

This week, the market price of isopropanol in China has decreased. The overall market situation is average, with downstream terminal demand being mainly rigid. The spot market supply is sufficient, and the transaction focus is relatively weak, with cautious real transactions. As of now, the majority of isopropanol market quotes in Shandong region are around 5,500-5,600 CNY per ton; in Jiangsu region, the majority of isopropanol market quotes are around 5,600-5,800 CNY per ton.

Future Market Forecast

The isopropanol analyst from the Chemical Subsidiary believes: This week, the isopropanol market price in China has fallen, with ample supply in the spot market. The overall downstream market transactions are light, and actual orders are cautious. It is expected that in the short term, the isopropanol market in China will mainly be characterized by a wait-and-see attitude and a weak stabilization.