This Week's Isopropanol Market Prices Decrease (8.18-8.22) in China
August 22nd News
Price Trend
According to the commodity market analysis system, the isopropanol market price in China decreased this week. At the beginning of the week, the average price of isopropanol in China was 5675 CNY/ton, and by the end of the week, it had dropped to 5625 CNY/ton, a decrease of 0.88%.
This week, the isopropanol market price in China has decreased. The overall market situation is average, with limited purchasing intentions from downstream buyers. Demand is mainly driven by end-user needs, and many are observing the market, being cautious with actual orders. As of now, most quotations for isopropanol in Shandong province are around 5,450-5,550 CNY/ton; in Jiangsu province, most quotations are around 5,600-5,650 CNY/ton.
Future Market Prediction
Chemical sub-sector isopropanol analysts believe: This week, the isopropanol market price in China has fallen, with a general trading atmosphere for spot transactions. Actual orders within the market are being placed cautiously, and the trend appears to be at a stalemate. It is expected that in the short term, the isopropanol market in China will mainly be characterized by watchful waiting and steady consolidation.
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