1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the overall market price of isopropanol fell in July. On July 1st, the average price of isopropanol in China was 5983.33 yuan/ton, and on July 29th, the average price was 5791.67 yuan/ton, a decrease of 3.2% compared to the beginning of the month.
Overall, the isopropanol market prices fell in July. The acetone raw material market continued to decline in the first ten days, affecting confidence in the isopropanol market. Downstream market demand is weak, inventory is increasing, and isopropanol market prices are decreasing. In the middle of the month, the isopropanol market continued to decline, with downstream demand being the main factor and limited transactions, resulting in a slight market decline. In the latter half of the year, the isopropanol market first fell and then rose, with tight spot resources and an upward focus on on-site negotiations. As of now, most of the isopropanol market prices in Shandong are around 5700-5800 yuan/ton; The majority of prices in the isopropanol market in Jiangsu region are around 5800-5950 yuan/ton.
In terms of raw material acetone, the domestic acetone market fluctuated and fell in July. On July 1st, the average price of acetone was 5000 yuan/ton, and on July 29th, the average price was 4720 yuan/ton, a decrease of 5.6%. From the demand side, there is an expected increase in terminal isopropanol and a slight upward trend in MMA. Overall, there has been little change in cost. Business Society predicts that the short-term acetone market will mainly fluctuate within a certain range.
In terms of propylene, the domestic propylene market price first rose and then fell in July. On July 1st, the market average was 6743.25 yuan/ton, and on July 29th, the average price was 6408.25 yuan/ton, a decrease of 4.97% in price. At present, the rebound in international oil prices is positive for market sentiment, and the inventory pressure of propylene enterprises is still manageable. The downstream market is mainly focused on observing and observing, and it is expected that the market will experience fluctuations and consolidation in the short term.
3、 Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the overall isopropanol market price fell in July. At present, the spot resources of isopropanol are tight, and market confidence is improving. It is expected that isopropanol will rise in price in the short term, and more attention will be paid to the trend of the raw material market.