The market price of isopropanol first rose and then fell in April

1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol first rose and then fell in April. On April 1st, the average price of isopropanol in China was 9283.33 yuan/ton, and on April 29th, the average price was 8716.67 yuan/ton, a decrease of 6.1% compared to the beginning of the month.
In April, the market price of isopropanol first rose and then fell, indicating an overall decline in prices. In the first half of the year, the market price of isopropanol first rose and then fell, with the rise being the main trend, supported by the increase in raw material prices, and the market trading was still acceptable. In the middle of the month, the market price of isopropanol fell, downstream terminal demand was weak, and new orders from production factories were poorly traded, resulting in a decrease in quotations. The domestic isopropanol market fell first and then rose in the latter half of the year. Supported by raw material costs, some production factories have experienced narrow price increases, mainly driven by rigid demand. As of now, most of the isopropanol market prices in Shandong are around 8500-8600 yuan/ton; The majority of isopropanol market prices in Jiangsu region are around 8800-9000 yuan/ton.
In terms of raw material acetone, the domestic acetone market price first rose and then fell in April, and overall the price fell. On April 1st, the average price of acetone was 8012.5 yuan/ton, and on April 29th, the average price was 7737.5 yuan/ton, with a price reduction of 3.43%. At present, the overall trading atmosphere is good, and it is expected that the acetone market will operate strongly in the short term.
In terms of raw material propylene, the domestic propylene market price fluctuated and rose in April. On April 1st, the market average was 8784.33 yuan/ton, and on April 29th, the average price was 9351 yuan/ton, with a price increase of 6.45%. At present, international oil prices continue to rise, and propylene market trading is good. It is expected that the propylene market price will be strong in the short term.
3、 Future forecast
Isopropanol analysts believe that the market price of isopropanol rose first and then fell in April. At present, the mentality of the cargo holders is stable, and downstream purchases are made according to demand. It is expected that the isopropanol market will maintain stable operation in the short term, and more attention should be paid to the trend of the raw material market.