This week, isopropanol market prices slightly decreased (10.20-10.24) in China

October 24th, news from China

Price Trend

According to the commodity market analysis system, the price of isopropanol in China slightly decreased this week. At the beginning of the week, the average price of isopropanol in China was 5,816.67 CNY/ton, and by the end of the week, it had dropped to 5,791.67 CNY/ton, a decrease of 0.43%.

This week, the isopropanol market prices in China have slightly decreased. Currently, the trading atmosphere within the market is light, with a weak purchasing sentiment from downstream buyers, and intermediaries are following the market trend. The overall market is mainly characterized by cautious negotiations, with actual transactions being mediocre. As of now, most quotations for isopropanol in Shandong region are around 5600-5650 CNY/ton; in Jiangsu region, most quotations are around 5600-5800 CNY/ton.

Future Market Forecast

The isopropanol analyst from the chemical division believes: This week, the market price of isopropanol has slightly decreased, with actual orders mainly driven by rigid demand, and the transaction focus tending towards the lower end. It is expected that in the short term, the market will mainly undergo a weak consolidation, with more attention paid to the operational moves of major manufacturers in China.