The market price of isopropanol rose this week (7.14-7.21)

1、 Price trend

 

Thiourea

According to the monitoring of the Commodity Market Analysis System of the Business Society, the price of isopropanol fluctuated and increased this week. Last Friday, the average price of isopropanol in China was 6870 yuan/ton, while this Friday’s average price was 7170 yuan/ton. During the week, the price increased by 4.37%.

 

The price of isopropanol fluctuated and increased this week. At present, the export situation of isopropanol orders is good. The domestic trading situation is good. The domestic isopropanol market is relatively active, with upstream acetone market prices rising, and cost support driving up the price of isopropanol market. Downstream inquiries are relatively active, and procurement is on demand. The majority of Shandong isopropanol quotations are around 6750-7000 yuan/ton; Most quotations for Jiangsu isopropanol range from 7300 to 7500 yuan/ton.

 

In terms of raw material acetone, the domestic acetone market has risen rapidly since July. According to the commodity market analysis system of the business community, the negotiated price of acetone market in East China was 5200-5250 yuan/ton on July 1, and the market price rose to 5850 yuan/ton on July 20, with a cumulative increase of 13.51%. Under the tight supply of goods in the market and the difficulty of improving in the short term, the enthusiasm of intermediate traders to enter the market has increased, the willingness of inventory has increased, and the inquiry atmosphere of major downstream factories to enter the market has improved significantly, The market center of gravity continues to rise.

 

In terms of raw material propylene, according to the Commodity Market Analysis System of Business Society, the domestic propylene (Shandong) market was initially suppressed and then rose this week, with a slight overall decline. The average price of the Shandong market at the beginning of the week is 6608 yuan/ton, while the average price on the weekend is 6550 yuan/ton, with a weekly decrease of 0.87% and a year-on-year decrease of 11.65%. Propylene analysts from the Chemical Branch of the Business Society believe that overall, international oil prices are uncertain, but downstream demand support is obvious. It is expected that the propylene market will be stronger in the short term.

 

3、 Future Market Forecast

 

Isopropanol analyst from the Chemical Branch of Business Society believes that currently, export orders are good and domestic trading is active. The price of acetone has increased, and the raw material provides strong support for isopropanol. It is expected that isopropanol will operate steadily and improve in the short term.

http://www.thiourea.net