This week, isopropanol market prices in China showed a weak and stable trend (11.17-11.21)

November 21st, news

Price Trend

According to the commodity market analysis system, the isopropanol market prices in China showed a weak and stable trend this week. At the beginning of the week, the average price of isopropanol in China was 5,491.67 CNY/ton, and by the end of the week, it had decreased to 5,483.33 CNY/ton, with a decline of 0.15%.

This week, the isopropanol market price in China has been weak and stable. Currently, the trading situation in the market is weak, with low enthusiasm for downstream purchases and limited new orders. The price of raw material acetone has declined, and cost support is average. Traders lack confidence, and the focus of transactions is shifting towards the lower end, with cautious actual transactions. As of now, most quotations for isopropanol in the Shandong region are around 5300-5500 CNY/ton; in the Jiangsu region, most quotations are around 5400-5600 CNY/ton.

Future Market Prediction

Chemical branch isopropanol analyst believes: This week, the isopropanol market prices have been weak and stable, with light downstream demand, average cost support, 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 more attention paid to the operational trends of major manufacturers in China.