Isopropanol market continues its downward trend

1. Daily Summary

① The leading Shandong plant maintained its external offer at 9,100 RMB/ton.

② Today’s capacity utilization rate for the domestic isopropanol industry stood at 57%.

2. Spot Market Overview

Table 1: Domestic Isopropanol Price Summary (Unit: RMB/ton)

Data Source: Chempricehub Information

Based on the East China region, today’s isopropanol price closed at 9,250 RMB/ton, a decrease of 50 RMB/ton from the previous trading day. Market sentiment was weak; some producers slightly lowered their quotes, while holders had limited confidence and focused primarily on active sales. Actual transactions were subject to negotiation, with downstream factories inquiring and purchasing based on demand. Trading activity shifted toward lower price levels, with high-priced offers seeing little volume.

3. Production Dynamics

Today, the capacity utilization rate for the isopropanol industry was 57%. Regarding profitability, plants using the acetone process earned a profit of 75 RMB/ton, while those using the propylene process achieved a profit of 640 RMB/ton.

4. Price Forecast

Support from raw material costs has weakened, and market participants remain cautious, with most actual transactions waiting for further negotiations. Downstream factories show moderate purchasing enthusiasm, and deals are largely concluded through bargaining. Industry players are awaiting clearer market trends. Overall, the domestic isopropanol market is expected to fluctuate within a range in the short term. Future attention should be paid to changes in raw material prices and downstream procurement activities.

5. Related Products

Acetone: Based on the Jiangsu region, today’s acetone price closed at 8,175 RMB/ton, down 75 RMB/ton from the previous trading day. The downward trend in the East China acetone market slowed today. Rising international crude oil prices pushed up benzene feedstock costs, providing strong cost support. Additionally, reduced operating rates of domestic phenol-acetone units led holders to reduce willingness to sell at low prices, adjusting quotes according to market conditions. Terminal factories remained cautious but replenished inventory as needed, resulting in small-volume spot transactions.

6. Data Calendar

Table 4: Domestic Isopropanol Data Overview (Unit: 10,000 tons)

Data Source: Chempricehub Information

Notes:

1. ↓↑ indicates significant fluctuations, highlighting data points with changes exceeding 3%.
2. ↗↘ indicates narrow-range fluctuations, highlighting data points with changes between 0-3%.
3. Capacity utilization rate refers to the weekly average operating rate.