This Week's Isopropanol Market Prices Slightly Increased (12.8-12.12)

December 12th, news

Price Trend

According to the commodity market analysis system, the isopropanol market in China showed a slight increase this week. At the beginning of the week, the average price of isopropanol in China was 5,175 CNY per ton, and by the end of the week, it had risen to 5,193.33 CNY per ton, with an increase of 0.35%.

This week, the isopropanol market in China has slightly increased. With some support on the cost side, manufacturers' quotations are relatively stable, and the intention to sell at lower prices has decreased. Additionally, due to limited spot supply at the ports, market confidence for isopropanol within the industry is decent, with downstream demand being mainly need-based. As of now, most quotations for isopropanol in the Shandong region are around 5100-5150 CNY/ton; in the Jiangsu region, they are around 5200-5300 CNY/ton.

Future Market Forecast

The isopropanol analyst from the chemical division believes: This week, the isopropanol market price in China has been relatively stable, with moderate demand downstream, mainly based on need. It is expected that in the short term, the market will mainly be in a weak consolidation phase, and more attention should be paid to the operational movements of major manufacturers.