I. Key Focus Points
Yesterday, the negotiated acetone price in the East China market stood at 8,525 yuan/mt, up 525 yuan/mt day on day.
Yesterday, Lihuayi Weiyuan quoted isopropanol at 8,700 yuan/mt.
Core logic: Watch raw material market prices and demand follow-through.
II. Price Table
| Product | Region | Sept 9 | Sept 8 | Change Rate |
|---|---|---|---|---|
| Propylene | East China | 9950 | 9450 | +5.29% |
| Acetone | East China | 8525 | 8000 | +6.56% |
| Isopropanol | East China | 8650 | 8100 | +6.79% |
| Note: 1. Acetone, propylene and isopropanol are all national-standard premium-grade products. 2. All listed prices are spot cash self-pickup prices, in yuan/mt. 3. The prices for the two periods are point-in-time prices for the two working weeks prior to this week, not weekly averages. 4. The change rate is the week-on-week rate of change. |
III. Market Outlook
The domestic isopropanol market moved up sharply yesterday. Raw material acetone prices extended their gains, giving producers relatively firm cost-side support; producers raised their quotations consecutively, which bolstered holders' sentiment and produced a marked reluctance to sell, driving the market's continued advance. Downstream buying was cautious, low-priced cargoes were hard to find, and most participants opted to wait for further clarity. The isopropanol market is expected to stay high and range-bound today, with attention on raw material price trends and demand follow-through.
IV. Data Calendar
| Data Item | Release Date | Previous Data | Expected Trend for Current Period |
|---|---|---|---|
| Isopropanol unit operating rate | Thursday 17:00 | 44.08% | ↗ |
| 1. ↓↑ indicates sharp fluctuations, highlighting data with changes exceeding 3%. 2. ↗↘ indicates narrow fluctuations, highlighting data with changes within 3%. 3. → indicates stability. |
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