1、 Price trend

According to commodity data monitoring, the domestic isopropanol market price fell this month. The average price of isopropanol was 7400 yuan / ton on April 1 and 7050 yuan / ton on April 28. The price fell by 4.73% during the month.

2、 Market analysis

Figure: comparison of price trend of acetone and isopropanol from January to March

The domestic isopropanol market price fell this month. Affected by the epidemic, the transportation in most areas is blocked, the overall market trading atmosphere is light, traders have a strong wait-and-see mood, and operators lack confidence. Up to now, most of the quotations of isopropanol in Shandong are about 6700-7000 yuan / ton; The quotation range of Jiangsu isopropanol is about 7100 yuan / ton; The quotation range of isopropanol in Zhejiang is around 7000 yuan / ton. Internationally, isopropanol in the United States closed stable on April 26, and the isopropanol market in Europe closed basically stable.

In terms of raw material acetone, the market price of acetone fell this month. The average price of acetone was 5860 yuan / ton on April 1 and 5540 yuan / ton on February 28. The price fell by 5.46% during the month. At present, the trading in the domestic acetone market has slowed down and the focus of negotiation has decreased. The mainstream negotiation in East China is 5500-5550 yuan / ton. The market offer is basically the same as that of the factory. The international crude oil has fallen, the peripheral environment has weakened, the market wait-and-see mood has increased. Although the holder has little intention to lower the price, the terminal demand has been restrained, and the solid offer trading volume is insufficient.

In terms of raw material propylene, the market price of propylene fluctuated and rose this month. The average price of propylene was 8200.8 yuan / ton on April 1 and 8404.6 yuan / ton on April 28. The price rose by 2.49% during the month. At present, there is little change in the fundamentals of the site, and the supply of propylene is basically stable. Recently, new units have been put into operation, the supply has increased, and the consumption in the region has not had a significant impact on the price. Propylene market is expected to maintain the consolidation trend in the near future.

3、 Future forecast

The isopropanol analyst of business society chemical branch believes that at present, the domestic isopropanol market demand is general. Operators are more wait-and-see, and downstream orders are cautious. The price of acetone fell, the price of propylene rose slightly, the support of raw materials for isopropanol was limited, and the confidence of the industry was insufficient. The isopropanol market is expected to be weak in the short term.