July 10th, according to reports
Price Trend
According to the commodity market analysis system, the price of isopropanol in China increased this week. The average price on Monday was 6141.67 CNY/ton, and on Friday it was 6133.34 CNY/ton, with an increase of 3.12%.
It seems there might be a slight error in the original text as the prices provided (6141.67 CNY/ton on Monday and 6133.34 CNY/ton on Friday) indicate a decrease rather than an increase. If the intention was to show an increase, the Friday price should be higher than the Monday price. Please check the original data for accuracy.
This week, the isopropanol market price in China has increased. With the rise in the price of raw material acetone, production plants have raised their quotations due to the support of raw material costs. Overall, the market confidence for isopropanol in China has improved, and suppliers are adjusting their prices to align with the higher end of the market. Downstream buyers are cautious with actual orders, and transactions are moderate. As of now, most quotes for isopropanol in Shandong region are around 5900-6000 CNY/ton; in Jiangsu region, most quotes are around 6300-6800 CNY/ton.
Future Market Forecast
The isopropanol analyst from the chemical division believes: This week, the market price of isopropanol has increased, with improved market confidence. It is expected that in the short term, the market will mainly show a strong consolidation, and more attention should be paid to the moves of major manufacturers in China.
