This Week's Isopropanol Market Prices First Increased Then Decreased in China (5.18-5.22)

May 22 news

Price Trend

According to the commodity market analysis system, this week's isopropyl alcohol prices first increased and then decreased, with a slight overall increase. At the beginning of the week, the average price of isopropyl alcohol in China was 8,250 CNY/ton, and by the end of the week, it had risen to 8,266.67 CNY/ton, an increase of 0.2%.

This week, the isopropanol market price in China first increased and then decreased. The price of raw material acetone fell, resulting in weak cost support, and factories lowered their offer prices. Currently, the isopropanol market in China is relatively weak, with poor market confidence. Downstream demand is mainly driven by rigid needs, and purchases are made cautiously. By the end of the week, most quotes for isopropanol in Shandong were around 8100-8300 CNY/ton, and in Jiangsu, they were around 8150-8300 CNY/ton.

Future Market Prediction

The isopropanol analyst from the Chemical Subsidiary believes: This week, the isopropanol market price first increased and then decreased. The downstream demand was mainly based on need, with many in the market 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 operational moves of major manufacturers in China.