Domestic isopropanol market price continued to decline (6.22-6.24)

1、 Price trend

 

Isopropanol prices fell this week, according to commodity data monitoring. At the beginning of the week, the average price of isopropanol in China was 12666.67 yuan / ton, while at the end of the week, the average price was 12275 yuan / ton, and the price fell within the week by 3.09%.

 

PVA

2、 Market analysis

 

Domestic isopropanol prices continued to fall this week. In the international market, the isopropanol market in the U.S. continued to decline, while the isopropanol market in Europe closed down sharply. The demand for isopropanol in the overseas disinfectant Market decreased, the overseas orders decreased, the operating rate of isopropanol factories decreased, and the price decreased. There are many domestic trade enquiries, mainly waiting and taking care of the goods. Up to now, Shandong isopropanol negotiation range is about 11500-11900 yuan / ton, and Jiangsu isopropanol negotiation range is 11800-12500 yuan / ton. The negotiation range of isopropanol in South China is 12600-12700 yuan / ton. Recently, export orders decreased, and isopropanol benefits slowed down.

 

PVA 1788 (PVA BP17)

In terms of raw materials, the acetone market returned to a rational space this week, with prices gradually reduced. Currently, the mainstream market has fallen below 10000 yuan, and the short-term negotiation range in East China may be 9600-9900 yuan / ton. The price of isopropanol by acetone method has also been adjusted accordingly, and the price is inclined downward, and the range is not small. In terms of propylene, the market price of propylene in Shandong fell slightly. It began to fall on the 22nd. Today, it still falls by about 100 yuan / ton. Now it has fallen by about 200 yuan / ton. Now, the market turnover is between 6600-6950 yuan / ton, and the mainstream price is about 6650 yuan / ton. The price of isopropanol from propylene process is also reduced accordingly.

 

3、 Future forecast

 

Isopropanol analysts from the chemical branch of business society think: the prices of raw materials acetone and propylene both fell, and the cost support was weak. In terms of demand, the favorable foreign trade slowed down, export orders were significantly reduced, domestic trade enquiries were more frequent, wait-and-see was the main thing, and taking goods was very cautious. On the whole, in the short term, the price of isopropanol is likely to continue to decline, and follow-up attention will be paid to the change of news.

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