On December 30, the market price for isopropanol in Shandong region was as follows:
Manufacturer 12/29 12/30 Change Lihuayi 6800 Yuan/Ton 6800 Yuan/Ton 0 Yuan/Ton Luxi Chemical 6800 Yuan/Ton 6800 Yuan/Ton 0 Yuan/Ton Hualu Hengsheng 7050 Yuan/Ton 7050 Yuan/Ton 0 Yuan/Ton
As of December 29, the CPL (Catalytic Plant Leakage) index of propylene and isopropanol on the business shelving was 95.68, a decrease of 1.16 points from the previous day, and a reduction of 51.96% compared to the highest point of 199.16 points (December 13, 2020) and an increase of 101.52% compared to the lowest point of 47.48 points on August 8, 2021. (Note: The period refers to January 1, 2012, to present). The prices of raw materials propylene have fluctuated downwards, and so have the prices of isopropanol, with increased downward pressure but weakened upward support. According to the commodity analysis system of the business shelving: On December 30, the average price of isopropanol in the Shandong market was 6883.33 Yuan/Ton, showing stabilization compared to the previous trading day. The upstream price of propylene has fluctuated downwards, weakening the cost support for isopropanol. The downstream polyester resin market has been strong, leading to continued enthusiasm among downstream buyers. There is a decline in the operating rates of isopropanol equipment, resulting in reduced supply, which increases the upward support for isopropanol and still leaves room for downward pressure.