This Week, Isopropyl Alcohol Market Prices Slightly Declined (11.3-11.7)

November 7th, according to reports

Price Trend

According to the commodity market analysis system, the price of isopropanol in China has slightly decreased this week. At the beginning of the week, the average price of isopropanol in China was 5683.33 CNY/ton, and by the end of the week, it had dropped to 5638.33 CNY/ton, a decrease of 0.79%.

This week, the isopropyl alcohol market prices in China have slightly decreased. Currently, the trading atmosphere in the market is poor, and the purchasing sentiment from downstream buyers is weak, with transaction prices tending towards the lower end. The overall market is characterized by cautious negotiations, and actual transactions are mediocre. As of now, most quotes for isopropyl alcohol in Shandong region are around 5,600-5,700 CNY/ton; in Jiangsu region, most quotes are around 5,550-5,800 CNY/ton.

Future Market Forecast

Chemical sector isopropanol analysts believe: This week, the market price of isopropanol in China has slightly decreased, with actual orders mainly driven by rigid demand, and transaction focus tending towards the lower end. It is expected that in the short term, the market will mainly undergo a weak consolidation, with close attention paid to the moves of major manufacturers.