September 4th news
Price Trend
According to the commodity market analysis system, the price of isopropanol in Shandong increased this week. The average price of isopropanol in China on Monday was 7,516.66 CNY/ton, and on Friday it was 7,966.67 CNY/ton, with a price increase of 5.99%.
This week, the market price of isopropanol in China has increased. The prices of acetone and propylene have risen, with strong support from raw material costs, leading to continuous price increases by manufacturers. Holders are showing a clear reluctance to sell, shifting the focus of market negotiations upward. However, the purchasing interest from downstream buyers is moderate, and actual orders within the market remain cautious and limited. As of now, most quotes for isopropanol in the Shandong region are around 7,900-8,000 CNY per ton, while in the Jiangsu region, most quotes are around 8,050-8,200 CNY per ton.
Future Market Prediction
The isopropanol analyst from the Chemical Subsociety believes: This week, the market price of isopropanol has increased, with strong support from raw material costs. Manufacturers have raised their quotations, and there is a strong sentiment for further increases. Downstream purchases are mainly driven by rigid demand, with a strong wait-and-see attitude. It is expected that in the short term, the isopropanol market will continue to operate with a stronger trend, and attention should be paid to the moves of major manufacturers in China.
