China domestic isopropyl alcohol market rose in July

First, the price trend

According to the monitoring of commodity data, the price of isopropanol rose slightly in July. At the beginning of the month, the average price of domestic isopropyl alcohol was 6662.5 yuan / ton, and the average price at the end of the month was 6,800 yuan / ton. The price rose during the month, with a range of 2.06%.

Second, the market analysis

Product: The domestic isopropyl alcohol market rose in July. On the one hand, the raw material acetone market is weak, the propylene market is generally upward, and the acetone isopropyl alcohol cost surface is strong. On the other hand, the domestic isopropyl alcohol plant operating rate is not high, Supu, Haike devices parking. The market shipments this month are relatively smooth. As of the end of the month, the area of isopropyl alcohol in Shandong Province was around 6600-6900 yuan/ton, the area of isopropyl alcohol in Ningbo area was around 6800-6900 yuan/ton, and the area of isopropyl alcohol in Jiangsu area was 6700-6900 yuan/ton. The area of propylene hydrolysis in the area of isopropyl alcohol is around 7,400 yuan / ton.

Industry chain: From the upstream point of view, the domestic acetone market was weakly consolidated in July, but at the end of the month, acetone showed signs of rebound and some manufacturers rose by 200 yuan. The acetone market may be turning around. The propylene market was mainly up this month, with an increase of 8.91%. At present, the factory has a good mentality, and the market is expected to be bullish. The holders do not intend to ship at low prices. By the end of the month, the mainstream price of propylene in the East China market was around 8700-8750 yuan / ton. The Lubon’s Isopropyl Alcohol Plant will be shipped soon, or it will affect the overall supply of the isopropyl alcohol market. However, the pressure of propylene isopropyl alcohol is relatively high and the cost is still upside down.

Third, the market outlook

Isopropyl alcohol analysts of the chemical industry branch of the business community believe that: the current cost of acetone isopropyl alcohol is well supported, traders’ confidence is still good, and the low-cost supply is difficult to find. The industry is cautious about the market outlook and pay close attention to the news. The propylene storage continued to rise, and the pressure of propylene isopropyl alcohol was relatively high and the cost was still upside down. There is a lot of interweaving in the field, and there is no shortage of isopropyl alcohol market to continue to push up. The industry pays more attention to the changes in the market outlook.

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