I. price trend
Isopropanol prices fell in September, according to commodity data monitoring. At the beginning of the month, the average price of isopropanol in China was 6916.67 yuan / ton, and at the end of the month, the average price was 5800 yuan / ton.
II. Market analysis
| PVA |
Product: the domestic isopropanol market fell this month, and the atmosphere in the market was short. The price of acetone is weak, and the profit selling space of isopropanol plant by acetone method is increased, and the atmosphere in the plant is stalemate; however, the price of propylene is rising at present, and the price reduction intention of isopropanol by propylene method is not strong. Up to now, the negotiation range of isopropanol in Shandong is about 5800 yuan / ton, that in Ningbo, Zhejiang is around 5700 yuan / ton, that in Jiangsu is about 5650-5800 yuan / ton, and that in Guangdong, South China is around 6050 yuan / ton. The price of isopropanol from propylene method is about 6500 yuan / ton.
Industry chain: as of October 28 from the upstream, the price of acetone fell by 11% in the month. At present, the market price of acetone is around 4450 yuan / ton. The acetone price is low this month. In the case of limited delivery, isopropanol may be sold at a low price. The price fluctuation of propylene market in this month is relatively obvious. At present, it is expected that the market is bullish, and the buyer has no intention of shipping at a low price. By the end of the month, the mainstream price of propylene in East China market is around 7300 yuan / ton. Propylene isopropanol plant cost surface pressure, high price operation.
| POLYVINYL ALCOHOL FIBER |
On October 27, the commodity price index of isopropanol and acetone was 106.37, unchanged from yesterday, 28.34% lower than 148.43 (2019-01-02), the highest point in the cycle, and 31.43% higher than 80.93, the lowest point on December 25, 2013. (Note: cycle refers to 2013-01-01 till now)
III. future forecast
According to isopropanol analysts from the chemical branch of business society, the decline of acetone will certainly depress the downstream market mentality of isopropanol. The pressure of isopropanol in propylene process is high and the cost is serious. Generally speaking, the isopropanol market has a strong wait-and-see atmosphere, and the buying is cautious. The industry pays more attention to the future news.
| POLYVINYL ALCOHOL |