This Week's Isopropyl Alcohol Market Prices Decline in China (12.1-12.5)

December 05 news

Price Trend

According to the commodity market analysis system, the price of isopropanol in China fell this week. At the beginning of the week, the average price of isopropanol in China was 5408.34 CNY/ton, and by the end of the week, it had dropped to 5183.33 CNY/ton, a decrease of 4.16%.

This week, the isopropanol market prices in China have significantly decreased. The price of raw material acetone has fallen, leading to a lack of market confidence in isopropanol. Trading sentiment is poor, with suppliers offering discounts to sell their inventory. Inquiries in the market are low, and downstream demand is weak, resulting in limited transaction volumes. As of now, most quotations for isopropanol in Shandong region are around 5100-5200 CNY/ton; in Jiangsu region, most quotations are around 5200-5300 CNY/ton.

Future Market Prediction

The isopropanol analyst from the Chemical Subsidiary believes: This week, the market price of isopropanol in China has fallen. Downstream demand is mediocre, and inquiries in the market are quiet, with many adopting a wait-and-see attitude. It is expected that in the short term, the market will mainly undergo a weak consolidation, with close attention being paid to the moves of major manufacturers.