1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. The average price of isopropanol in China was 8800 yuan / ton last Friday, and 7900 yuan / ton on Friday, and the price fell sharply in the week, with an amplitude of 10.23%.

2、 Market analysis

Figure: comparison of the price trend of acetone and isopropanol in March to May

Isopropanol prices fell sharply this week. International side may 18, the United States isopropanol closed down, European isopropanol market closed down. Up to now, the domestic Shandong isopropanol quotation range is about 7200-8300 yuan / ton, Jiangsu isopropanol quotation range is about 7700-8400 yuan / ton. The quotation range of isopropanol in Zhejiang is about 7500 yuan / ton. The raw material acetone fell, the start rate of the East China acetone isopropanol plant increased, the downstream wait-and-see sentiment was obvious, the site inquiry was general, the trading and investment in isopropanol was empty, and the price was lower.

In terms of raw acetone, the domestic acetone market fell significantly this week. The average domestic acetone price last Friday was 7400 yuan / ton, the average price of this Friday was 6875 yuan / ton, and the price fell within the week, with a range of 7.09%. The domestic acetone market continued to decline, the market holding companies were under pressure, the offer kept falling, the downstream terminal factory replenishment sentiment was difficult to change, the market low-price goods source frequently occurred, and the rise in phenol in the same unit in the early stage was obvious, and the finishing and commencement of phenol ketone plant in the factory was at a high level.

In terms of raw propylene, the overall price of propylene market this week has been down. The average domestic propylene price last Friday was 8371.18 yuan / ton, and the average price on Friday was 8034.82 yuan / ton, and the price fell within the week, with an amplitude of 4.02%. At present, there are few domestic stocks, some units are overhauled, and the enterprises suspend quotation. The crude oil market has been significantly lower, and the downstream operating rate is generally general. It is expected that propylene will continue to decline with the fluctuation of crude oil market.

3、 Future forecast

According to isopropanol analyst of the chemical branch of business society, the export orders abroad are generally in the current view. The price of raw acetone decreased obviously, the start rate of the East China acetone isopropanol plant increased, the spot supply was sufficient, and the delivery pressure of the carrier was relatively high. The mentality of buying up or falling is due to the fact that the downstream is mainly waiting and the atmosphere of trading and investment in the field is empty. It is expected that isopropanol will remain the main one in the short term.