April 20th News: On April 20th, Lihuayi Weiyuan Chemical Co., Ltd. reduced the price of isopropanol by 100 yuan, with the latest ex-factory price set at 8,900 yuan per ton. Chempricehub's analysis of isopropanol indicates a bearish score of -1. Lihuayi Weiyuan's proactive reduction of the isopropanol ex-factory price by 100 yuan to 8,900 yuan per ton directly reflects a loose supply or weak demand in the spot market. This price adjustment is expected to intensify bearish sentiment in the market, suppressing spot prices in the short term. From an industry chain perspective, as a downstream product of propylene, the price decline of isopropanol may dampen the demand for propylene procurement. Coupled with the recent reduction in open interest for the propylene futures main contract 2605 (settlement price: 8,661 yuan per ton) and the contango structure observed in far-month contracts, the price drop in isopropanol could further transmit to the propylene futures market, increasing bearish pressure.