Product Name: Isopropyl Alcohol
Latest Price: The market average price on January 15 is 5,325 RMB/ton.
Analysis Highlights: Today, the market for isopropyl alcohol is trending upward. Market confidence remains relatively positive at present. The rising price of upstream acetone has bolstered cost support, thereby enhancing market confidence for isopropyl alcohol. Sellers are less inclined to lower their offers, leading to stronger quotations. Downstream inquiries are relatively active, with procurement conducted on a demand-driven basis and transactions approached cautiously. It is anticipated that the isopropyl alcohol market will maintain a strong performance in the short term, with actual transaction prices negotiated on a case-by-case basis.
Figure: P-Value Curve Chart for Isopropyl Alcohol from November to January (Image Source: Business Society Commodity Analysis System)