1、 Price trend

According to commodity data monitoring, the price of isopropanol increased in September. At the beginning of the month, the average price of domestic isopropanol was 7366.67 yuan / ton, and at the end of the month, the average price was 8066.67 yuan / ton. The price increased by 9.5% during the month.

2、 Market analysis

Figure: comparison of price trend of acetone and isopropanol in August

On the whole, the price of isopropanol increased in September. Up to now, most domestic Shandong isopropanol quotations are about 7700-7800 yuan / ton; The quotation range of Jiangsu isopropanol is about 8000-8100 yuan / ton; The quotation range of isopropanol in Zhejiang is around 8000 yuan / ton. Internationally, on September 21, the U.S. isopropanol market closed steady, while the European isopropanol market closed basically steady, with small and medium declines. Near the end of the month, the price of acetone decreased, which suppressed the market mentality of isopropanol. The market transaction was relatively cold, the traders remained on the sidelines, and the market was relatively deadlocked.

In terms of raw material acetone, the domestic acetone price first rose and then fell in August. As of the 26th, the mainstream acetone market offered 6250-6300 yuan / ton. The mood of the on-site cargo holders was general and maintained the range offer. From the raw material side, pure benzene lacks the guidance of external crude oil. Today, the market negotiation atmosphere is light, the negotiation is 7600-7700 yuan / ton, and the other raw material propylene is weak in Shandong, and the negotiation is around 8000 yuan / ton. The terminal sees that the market replenishment mood is not high, the trading atmosphere is not warm, and the volume of real orders is obviously insufficient, but the supply of low-cost goods in the venue is limited, and the market is slightly deadlocked as a whole. The business agency expects the market range to be sorted and operated today, and the negotiation is expected to be 6250-6300 yuan / ton.

In terms of raw propylene, according to the bulk list data of business society, the market price of domestic propylene (Shandong) increased in August. At the beginning of the month, the market price was 7688.55 yuan / ton, and the average price at the end of the month was 7982.33 yuan / ton. The price increased within the month, with a range of 3.82%. On the whole, the market trading atmosphere is good, the downstream goods preparation is relatively positive before the festival, the demand is rising, the goods of enterprises are smooth, the inventory is small, and the price is rising.

3、 Future forecast

Isopropanol analyst of business society chemical branch believes that the market price of acetone rises first and then falls. Near the end of the month, the price of acetone decreased, which suppressed the market mentality of isopropanol, and downstream enterprises and traders were cautious in receiving orders. On the one hand, the operating rate of isopropanol plant is not high, which can boost the confidence of the industry. Generally speaking, market transactions are relatively cold, traders remain on the sidelines, and the market is relatively deadlocked. Forecast: the adjustment space of isopropanol is still limited in the short term, and the price will continue to be sorted and operated.