1、 Price trend
| PVA 1799 (PVA BF17) |
According to commodity data monitoring, isopropanol prices rose this week. At the beginning of the week, the average price of isopropanol in China was 8300 yuan / ton and 8500 yuan / ton at the weekend. During the week, the price increased by 2.41%.
2、 Market analysis
The price of isopropanol in this week as a whole rose more than the decline, due to the fall of acetone, isopropanol prices fell slightly over the weekend. Internationally, isopropanol in the United States closed stable on October 13, while the European isopropanol market closed down. So far, the negotiation range of isopropanol in Shandong Province is about 8500-8600 yuan / ton, and that of Jiangsu Province is about 8500-8600 yuan / ton. Zhejiang isopropanol negotiation range is around 8400 yuan / ton. The quotation of isopropanol from propylene process is about 8600 yuan / ton.
In terms of raw materials, the raw material acetone market this week showed a situation of falling first and then recovering narrowly. On Wednesday, acetone fell. Affected by the midday adjustment of acetone plant, the market rose narrowly in the afternoon, and the supplier’s offer fell back to 7300 yuan / ton. At present, the downstream factories mainly digest the inventory in the early stage, and the enthusiasm for replenishment is not high. The pressure on the shippers is great, and the willingness to ship is still strong. Affected by the factory’s increase of 100 yuan / ton, there are not many traders who sell less. It is expected that the acetone market in East China will advance smoothly today, with a reference value of about 7300-7400 yuan / ton.
| PVA 0599 (PVA BF05) |
In terms of raw material propylene this week, as of October 15, the market price of propylene in Shandong Province dropped slightly. According to the price chart of the business agency, since October 1, the price of propylene has remained stable on the whole, and the prices of some enterprises have gone up and down slightly. On Thursday, only one enterprise’s price dropped slightly, while other enterprises continued to keep stable. The transaction volume in the market is between 7480-7650 yuan / ton, and the mainstream price is about 7500 yuan / ton. Recently, part of the propylene plant maintenance, the overall supply is small tension.
3、 Future forecast
The isopropanol analyst of chemical branch of business society thinks: the price of raw material acetone drops, and the market price of propylene is stable. The cost support is weak; the price of isopropanol falls in the international aspect, and the export orders of isopropanol decrease. The domestic market demand is light, and traders mainly wait and see. It is expected that the price of isopropanol will continue to fall in the short term, and the follow-up attention will be paid to the changes in the news.
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