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[Industry Focus]：What is the trend of the iso-propanol market in June?

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Domestic isopropanol market prices continued to fall in June. The average price of isopropanol was 6670 yuan/ton on June 1 and 6460 yuan/ton on June 29, with a monthly price drop of 3.15.

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In June, the domestic market price of isopropyl alcohol continued to fall. Isopropyl alcohol market is still light this month, the trading situation is not good, the market wait-and-see cautious. Upstream acetone market fell, cost support weakened, isopropyl alcohol market prices fell. Up to now, the market price of most isopropyl alcohol in Shandong is about 6200-6400 yuan/ton; the market price of most isopropyl alcohol in Jiangsu is about 6700-6800 yuan/ton.

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In terms of raw material acetone, acetone market prices fell this month. On June 1, the average price of acetone was 5612.5 yuan/ton, and on June 29, the average price was 5407.5 yuan/ton. The monthly price fell by 3.65. At present, after the rise of the domestic acetone market, the center of gravity has declined, and the focus of discussion has declined. As the end of the month approaches, imports are still replenished in the near future and the port stock has increased. The profit of phenol ketone factory has increased, and the operating rate is expected to increase in July. On the demand side, the factory just needs to follow up. Although intermediate traders are involved, there is little willingness to stock and downstream active replenishment.

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In terms of raw material propylene, the domestic propylene (Shandong) market price fell first and then rose in June, and generally rose slightly. At the beginning of June, the average market price was 6460.75/ton, and the average price on June 29 was 6513.25 yuan/ton, up 0.81 per month. Propylene analysts at the Commercial Society Chemical Branch believe that the market supply has been reduced because some equipment repairs have not yet ended. At the same time, during the Dragon Boat Festival, the downstream procurement situation is acceptable, the trading atmosphere has improved, and the upstream has actively pushed up. It is expected that the short-term digestion growth of the propylene market will be the main factor, with limited room for growth.

This month, the domestic market price of isopropyl alcohol fell. Upstream acetone market prices continued to fall, propylene (Shandong) market prices rose slightly, cost support in general. Traders and downstream users are less motivated to buy and orders are cautious. In general, the isopropanol market lacks confidence, so we will wait and see. The isopropanol market is expected to operate steadily in a short period of time.

丙烯价格走势.jpg

In terms of raw material propylene, the domestic propylene (Shandong) market price fell first and then rose in June, and generally rose slightly. At the beginning of June, the average market price was 6460.75/ton, and the average price on June 29 was 6513.25 yuan/ton, up 0.81 per month. Propylene analysts at the Commercial Society Chemical Branch believe that the market supply has been reduced because some equipment repairs have not yet ended. At the same time, during the Dragon Boat Festival, the downstream procurement situation is acceptable, the trading atmosphere has improved, and the upstream has actively pushed up. It is expected that the short-term digestion growth of the propylene market will be the main factor, with limited room for growth.

This month, the domestic market price of isopropyl alcohol fell. Upstream acetone market prices continued to fall, propylene (Shandong) market prices rose slightly, cost support in general. Traders and downstream users are less motivated to buy and orders are cautious. In general, the isopropanol market lacks confidence, so we will wait and see. The isopropanol market is expected to operate steadily in a short period of time.

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