price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol has risen this week. At the beginning of the week, the average price of isopropanol in China was 5350 yuan/ton, and the average price over the weekend was 5533.33 yuan/ton, with a price increase of 3.43%.
The market price of isopropanol has risen this week. The price of raw material acetone has risen, providing strong cost support. Manufacturers have increased their quotations, and the intention of holders to lower their prices has weakened. The confidence in the isopropanol market is good, and downstream demand is the main factor. Inquiries are active, and procurement is cautious. As of now, most of the isopropanol market prices in Shandong are around 5400-5500 yuan/ton; The majority of isopropanol market prices in Jiangsu region are around 5500-5700 yuan/ton.
Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the isopropanol market price has risen this week, with downstream demand being the main factor. It is expected that the short-term market will mainly focus on consolidation, with more attention paid to the trading trends of major companies.