The domestic market price of isopropanol continued to decline in June. On June 1st, the average price of isopropanol was 6670 yuan/ton, while on June 29th, the average price was 6460 yuan/ton, with a monthly price decrease of 3.15%.

The domestic market price of isopropanol continued to decline in June. The isopropanol market remains light this month, with poor trading conditions and cautious market outlook. The upstream acetone market fell, cost support weakened, and the market price of isopropanol fell. As of now, the market price of most isopropanols in Shandong is around 6200-6400 yuan/ton; The market price of most isopropanols in Jiangsu is around 6700-6800 yuan/ton.

In terms of raw material acetone, the market price of acetone has decreased this month. On June 1st, the average price of acetone was 5612.5 yuan/ton, while on June 29th, the average price was 5407.5 yuan/ton. The monthly price decreased by 3.65%. After the current rise in the domestic acetone market, the focus of discussion has decreased. As the end of the month approaches, there has been a recent replenishment of imported goods and an increase in port inventory; The profit of the phenol ketone factory has increased, and the operating rate is expected to increase in July; In terms of demand, the factory only needs to follow up. Although intermediate traders are involved, their inventory willingness is not high, and downstream companies actively restock.

In terms of raw material propylene, the domestic propylene (Shandong) market price first fell and then rose in June, with a slight overall increase. At the beginning of June, the average market price was 6460.75/ton. On June 29th, the average price was 6513.25/ton, an increase of 0.81% per month. Propylene analysts from the Commercial Social Chemical Branch believe that due to the unfinished maintenance of some equipment, the market supply has decreased. At the same time, during the Dragon Boat Festival, the downstream procurement situation was acceptable, the trading atmosphere was improved, and the upstream actively pushed up. It is expected that the short-term digestion and growth of the propylene market will be the main factor, with limited upward space.
The domestic market price of isopropanol has decreased this month. The upstream acetone market price continues to decline, while the propylene (Shandong) market price has slightly increased, with average cost support. Traders and downstream users have poor purchasing enthusiasm and cautious orders. Overall, the isopropanol market lacks confidence, so we will wait and see. It is expected that the isopropanol market will steadily operate in the short term.

In terms of raw material propylene, the domestic propylene (Shandong) market price first fell and then rose in June, with a slight overall increase. At the beginning of June, the average market price was 6460.75/ton. On June 29th, the average price was 6513.25/ton, an increase of 0.81% per month. Propylene analysts from the Commercial Social Chemical Branch believe that due to the unfinished maintenance of some equipment, the market supply has decreased. At the same time, during the Dragon Boat Festival, the downstream procurement situation was acceptable, the trading atmosphere was improved, and the upstream actively pushed up. It is expected that the short-term digestion and growth of the propylene market will be the main factor, with limited upward space.
The domestic market price of isopropanol has decreased this month. The upstream acetone market price continues to decline, while the propylene (Shandong) market price has slightly increased, with average cost support. Traders and downstream users have poor purchasing enthusiasm and cautious orders. Overall, the isopropanol market lacks confidence, so we will wait and see. It is expected that the isopropanol market will steadily operate in the short term.