This Week's Isopropyl Alcohol Market Prices Slightly Increased (9.1-9.5) in China
September 05, News
Price Trend
According to the commodity market analysis system, the price of isopropanol in China slightly increased this week. At the beginning of the week, the average price of isopropanol in China was 5,608.33 CNY/ton, and by the end of the week, it had risen to 5,658.33 CNY/ton, with an increase of 0.89%.
This week, the isopropyl alcohol market price in China has slightly increased. Currently, the trading atmosphere in the market has improved, and manufacturers have a clear intention to maintain prices, with suppliers holding back on sales. In terms of demand, downstream buyers are mainly placing orders based on their immediate needs, with purchases focusing on essential requirements. As of now, most quotations for isopropyl alcohol in Shandong Province are around 5,500-5,600 CNY/ton; in Jiangsu Province, most quotations are around 5,600-5,650 CNY/ton.
Future Market Prediction
The isopropanol analyst from the Chemical Subsidiary believes: This week, the market price of isopropanol has slightly increased, but it is still mainly driven by rigid demand. Inquiries have increased, but buyers are cautious. It is expected that in the short term, the isopropanol market will mainly undergo minor adjustments, with more attention being paid to the actions of major manufacturers in China.
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