1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol first fell and then rose in January. On January 1st, the average price of isopropanol in China was 6660 yuan/ton, and on January 22nd, the average price was 6660 yuan/ton, which was the same as the beginning of the month. The lowest price this month is 6580 yuan/ton, and the highest price is yuan/ton.

The market price of isopropanol first fell and then rose in January. In the first half of the month, the market price of raw material acetone was low, and cost support was limited. The isopropanol market is relatively light, with overall purchasing intentions of downstream terminals being average. The sentiment of holders is unstable, with narrow discounts on transactions and a downward focus on trading. In the second half of the month, the price center of acetone market is upward, with strong cost support. In addition, with the approaching Spring Festival and downstream stocking up, isopropanol manufacturers are offering higher prices, and traders have a better mentality, increasing their intention to replenish. In addition, supported by some export orders, the spot market supply is tight, and the trading center is upward. As of now, most of the isopropanol market prices in Shandong are around 6500-6600 yuan/ton; The majority of isopropanol prices in the Jiangsu Zhejiang region are around 6750-6850 yuan/ton.

In terms of raw material acetone, the overall price of acetone in the domestic acetone market increased in January. On January 1st, the average price of acetone was 5992.5 yuan/ton, and on January 22nd, the average price was 6097.5 yuan/ton. The price increased by 1.75% during the month. As the Spring Festival holiday approaches, most companies have finished stocking up, and market trading follow-up is gradually weakening. The acetone market maintains a weak operation in the short term, with slight adjustments during the pre holiday period.

In terms of propylene, overall in January, the domestic propylene market prices first rose and then fell. At the beginning of January, the market was average at 6835.75 yuan/ton, with an average price of 6808.25 yuan/ton on January 22, a monthly decline of 0.4%. At present, the inventory pressure of propylene enterprises has decreased, and downstream companies are replenishing inventory at low prices, which has driven the overall delivery direction to improve and the shipment situation to improve. It is expected that propylene prices will remain stable with a moderate to strong trend in the short term.

The equipment situation shows that the propylene process unit is operating stably.

3、 Future forecast

An isopropanol analyst from the Chemical Branch of Shengyi Society believes that the rise in raw material acetone prices in January provides strong cost support. Approaching the Spring Festival holiday, downstream and traders have basically completed their year-end restocking, and market trading has slowed down. It is expected that the isopropanol market will remain stable and stable in the short term.