Isopropyl Alcohol Exports Support Prices Higher

Isopropyl alcohol east China market price trend chart

In the first week after the Spring Festival, the market price of isopropyl alcohol rose sharply. Although the main factories except Kaling chemical plant have been delayed to open, other factories have started operation, but the market is mostly due to the increase in export orders, resulting in tight shipment. Can isopropyl alcohol continue to rise in February? Hidden danger geometry?

There was a real shortage in the first week after the holiday. The main supply of domestic market enterprises less, basically no inventory, and even presale to next week. Among them, Lihua Yiweiyuan's operation rate is low, and there are even rumors of parking, so the supply is difficult to meet the market; In addition, Jinzhou petrochemical shipments are huge, basically no inventory.

The rise of export volume makes the production plan of China's factories change after the holiday, and the short-term supply of trade decreases. The commodity holders took advantage of the situation to push up the price, especially in Guangdong, where the supply of goods is more scarce. The parking plan and yuxin port led to the market price in Guangdong rising to more than 8000 CNY/ton rapidly. Dongguan, Guangzhou, Huizhou market basically no supply, Zhuhai market offers a new high.

From the market news, several isopropyl alcohol factories have purchased acetone this week, indeed there are new export orders to implement or negotiate. But the actual order is worth thinking about whether there is a bubble, huaxi warehouse inventory digestion is unknown.

There is a rumor in the market that deepak factory in India has installed a shutdown device and the purchase from China has increased. However, this weight is about 4000 tons, which is difficult to support the whole market in February. Once the terminal has ended, the domestic market is very difficult to support.

Next week isopropyl alcohol still has the possibility of rising, but the range is smaller, and even lack of stamina, began the trend of fatigue.

First of all, the domestic operating rate is not low, major factories are expected to resume production next week, the increase in operating rate is a negative factor 

Secondly, the factory ports will be closed one after another next week, turning to the domestic trade market, and the domestic downstream market will resume work. 

Moreover, the domestic operation rate is on the high side, and after the holiday traders continue to receive goods speculation, once there is a run, the trend of isopropyl alcohol is worrying.

Reference raw materials strong, isopropyl alcohol even down, the space is also very limited, but the market speculation bubble will be run. Operators entering the market next week also remind caution to wait and see whether there is a possible inflection point.

It is expected to be stable or 100 CNY/ton in the first half of the week, but the atmosphere in the second half of the week will be reversed, there will be 100-300 yuan down risk is not impossible.