Isopropyl alcohol prices continue to drop

　　Sinochem News According to the data of the business agency, the market price of isopropanol has been lowered recently.
The average domestic price of isopropanol on July 7 was 7,125 yuan (ton price, the same below), and the average price on July 14 was 6,975 yuan.
The reduction was 2.
11%
.

　　At present, the downstream demand for isopropyl alcohol in China is not good, the trading atmosphere is light, the wait-and-see mood is strong, and the rigid demand is the main
.
Up to now, the price of isopropanol in Shandong is 6900~7000 yuan, and the price of isopropanol in Jiangsu is about 6800 yuan
.
Internationally, on July 12, the US isopropyl alcohol closed up, and the European isopropyl alcohol market was weak and stable
.

　　In terms of raw materials, the price of acetone was lowered, the profit value of phenol and ketone enterprises fell again, and the market was sluggish
.
The purchasing power of the terminal factory is average, and the overall atmosphere is tepid
.
The price of another raw material, propylene, rose.
On July 7, the average domestic price of propylene was 7,460 yuan, and on July 14, the average price was 7,634.
6 yuan, an increase of 2.
33%
.
The downstream's ability to accept high prices has declined, the market demand is dominated by rigid demand, and the overall purchase of downstream enterprises is still relatively cautious
.

　　For the market outlook, the isopropyl alcohol analyst of the Chemical Branch of the Sunshine Society believes that the current domestic isopropyl alcohol market demand is sluggish, and the acetone price reduction cost support is weak.
It is expected that the isopropyl alcohol market will focus downwards in the short term
.