1、 Price trend
According to commodity data monitoring, isopropanol prices fell this month. The average price of isopropanol in China was 10366.67 yuan / ton at the beginning of this month, and 7966.67 yuan / ton as of the 25th of this month. The price was reduced by 23.15% in this month.
2、 Market analysis
Isopropanol prices fell this month. Internationally, isopropanol in the United States closed stable on December 22, while that in Europe was basically stable. Up to now, the negotiation range of isopropanol in Shandong is about 7600-8000 yuan / ton, and that in Jiangsu is about 7900-8000 yuan / ton. Zhejiang isopropanol negotiation range is around 7900 yuan / ton. Raw material acetone continued to decline, cost side down pressure isopropanol downstream market mentality, downstream orders cautious, buying enthusiasm is limited. In recent days, the domestic isopropanol market has been weak and the atmosphere on the floor is empty.
In terms of raw material acetone, the negotiation focus of acetone market fell sharply this month. According to the monitoring of bulk commodity data, the domestic price of acetone was 9450 yuan / ton at the beginning of this month, and the average price was 7550 yuan / ton as of the 25th of this month. The price of acetone decreased by 20.11%. In addition, the price of acetone in the market is expected to drop significantly after the closing 25 days of negotiation, although the price of acetone in the market is expected to drop significantly. At present, the mainstream market quotation on the 25th is 7550-7800 yuan / ton.
As for raw material propylene, as of December 25, the market price of propylene in Shandong generally declined. The market turnover is between 7800-8150 yuan / ton, and the mainstream price is between 7800-7850 yuan / ton. The current inventory is general, the price of crude oil fluctuates mainly, and the downstream market is slightly cold, so it is expected that the propylene price will continue to fluctuate slightly in the near future.
3、 Future forecast
Isopropanol analysts from the chemical branch of Shangshe think that: the raw material acetone has been greatly reduced, and the cost side has been declining, which has depressed the mentality of the downstream market of isopropanol; the price reduction of raw material propylene is limited, and the propene method isopropanol is not willing to follow. Under the market tug of war, the decline of isopropanol is expected to be limited.
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