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 October, with a slight upward adjustment according to the consolidation. On October 1st, the average price of isopropanol in China was 5633.33 yuan/ton, and on October 29th, the average price was 5675 yuan/ton, an increase of 0.74% compared to the beginning of the month.
The market price of isopropanol first rose and then fell in October. Affected by the parking of the main factories in Shandong in the first ten days, the intention of holders to lower their prices is not high, and there is a clear reluctance to sell, resulting in an increase in market prices. The price of acetone decreased in the middle of the month, with poor cost support and unstable confidence in the isopropanol market. The market price remained relatively stagnant, with minor fluctuations being the main trend. In the latter half of the month, the trading atmosphere on the exchange was light, and the downstream purchasing atmosphere was weak. Intermediaries followed the market trend and the market fell narrowly. As of now, most of the isopropanol market prices in Shandong are around 5550-5650 yuan/ton; The majority of isopropanol market prices in Jiangsu region are around 5600 yuan/ton.
In terms of raw material acetone, the domestic acetone market fluctuated and fell in October. On October 1st, the average price of acetone was 4410 yuan/ton, and on October 29th, the average price was 4180 yuan/ton, with a price reduction of 5.22%. At present, the atmosphere of wait-and-see in the market has intensified, and the mentality of holders of goods is under pressure, resulting in fluctuating and declining offers.
In terms of raw material propylene, the domestic propylene market fell in October. On October 1st, the market average was 6543.25 yuan/ton, and on October 29th, the average price was 6113.25 yuan/ton, with a price reduction of 6.57%. At present, it is expected that the supply and inventory in the market will increase, and downstream purchases will be made at a lower price according to demand. It is expected that the market will mainly experience fluctuations and consolidation.
3、 Future forecast
The isopropanol analyst from the Chemical Branch of Shengyi Society believes that the isopropanol market price first rose and then fell in October, with a slight upward adjustment based on consolidation. At present, the trading atmosphere in the isopropanol market is calm and stable, and both buyers and sellers are watching closely. It is expected that isopropanol will operate steadily in the short term with limited fluctuation range, so pay more attention to the trend of the raw material market.