price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol has fallen this week. At the beginning of the week, the average price of isopropanol in China was 5408.34 yuan/ton, and the average price over the weekend was 5183.33 yuan/ton, with a price reduction of 4.16%.
This week, the market price of isopropanol has experienced a wide decline. The price of raw material acetone has fallen, and there is a lack of confidence in the isopropanol market within the market. The trading atmosphere is not good, and holders are offering discounts to sell. On site inquiries are cold, downstream demand is weak, and trading volume is limited. As of now, most of the isopropanol market prices in Shandong are around 5100-5200 yuan/ton; The majority of prices in the isopropanol market in Jiangsu region are around 5200-5300 yuan/ton.
Future forecast
The isopropanol analyst from the Chemical Branch of Shengyi Society believes that the isopropanol market price has fallen this week, downstream demand is flat, and on-site inquiries are quiet, so it is advisable to wait and see. It is expected that the short-term market will mainly consolidate weakly, and more attention will be paid to the trading trends of large companies.