China’s domestic isopropanol market returns to rationality

1、 Price trend

 

According to the monitoring of bulk commodity data, since August, the domestic isopropanol price has declined as a whole, with the average price of domestic isopropanol of 9425 yuan / ton on the first day and 7233.33 yuan / ton on the 13th, with the price falling by 23.25%.

 

ferric sulfate (Poly ferric sulphate)

2、 Market analysis

 

In August, the price of isopropanol in China continued to fall. In the international market, isopropanol continued to fall in the US market, while the European market closed stable. With the gradual improvement of the international situation, the overseas demand for disinfectants has decreased, the demand for isopropanol has decreased, and the overseas orders have been reduced, and the price has declined. Domestic market center of gravity moves down synchronously, inquiry is more, wait-and-see, take goods very carefully. Up to now, the negotiation range of isopropanol in Shandong Province is about 6700-7300 yuan / ton, and that of Jiangsu Province is 7300-7400 yuan / ton. The negotiation range of isopropanol in South China is around 7400 yuan / ton.

 

Chart: comparison chart of acetone and isopropanol price trend from July to August

 

In terms of raw material acetone, the domestic market price of acetone continued to be depressed. In terms of ports, about 10000 tons of goods were supplied from Saudi Arabia in late August. Domestic factories started to operate at a high level, and the supply side was sufficient. The cargo holders showed a slight pressure. Up to now, the market reference offer in East China is about 5400-5450 yuan / ton. The lower price of acetone leads to weak cost support of isopropanol, unstable market mentality and obvious price decline.

Benzalkonium chloride

 

In the aspect of raw material propylene, the market price of propylene in Shandong Province is generally stable. The mainstream price is about 7000 yuan / ton. Propylene manufacturers stable shipment, low inventory. At present, propylene isopropanol is not affected by raw materials.

 

3、 Future forecast

 

Isopropanol analysts of chemical branch of business society believe: the market price of raw material acetone continues to be low, and the market price of propylene is generally stable. Overall, isopropanol cost support is weak. On the demand side, the export advantage weakened and the favorable foreign trade slowed down. 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.

http://www.lubonchem.com/