March 16th News
On March 16th, Lihuayi Weiyuan Chemical Co., Ltd. reduced the price of isopropanol by 200 yuan, with the latest ex-factory price set at 8,800 yuan per ton.
Chempricehub Analysis on Isopropanol
Bull-Bear Score: -1
The price of isopropanol has been lowered by 200 yuan to 8,800 yuan per ton, indicating ample market supply or weak demand, exerting direct downward pressure on spot prices. This price adjustment reflects the challenges faced by production enterprises, such as inventory reduction or intensified competition. It is expected that spot prices may remain under pressure in the short term, influencing downstream procurement decisions.
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