Key Focus Areas
Yesterday, the negotiated price for acetone in the East China market was RMB 8,925/ton, a decrease of RMB 425/ton compared to the previous day.
Yesterday, Lihua Yiwei Yuan's external quote for isopropanol (IPA) was RMB 10,000/ton.
Core Logic: Monitor raw material price movements and downstream demand follow-up.
| Product | Region | Nov 3 | Nov 2 | Change Rate |
|---|---|---|---|---|
| Propylene | East China | 11,525 | 11,675 | -1.28% |
| Acetone | East China | 8,925 | 9,350 | -4.55% |
| Isopropanol | East China | 9,750 | 10,000 | -2.5% |
| Notes: 1. Acetone, propylene, and isopropanol are all National Standard Premium Grade. 2. Listed prices are spot cash-on-delivery (self-pickup) prices in RMB/ton. 3. The two periods refer to point-in-time prices from the previous two working weeks before this week, not weekly averages. 4. The change rate is the period-over-period percentage change. |
Yesterday, the domestic isopropanol market trended lower with weak sentiment. Declining raw material costs shifted holders' outlooks bearish, increasing their willingness to sell. Quotation centers moved downward, while downstream end-users remained cautious in procurement. Actual transaction activity within the market was quiet, resulting in overall mediocre sentiment. Today, the isopropanol market is expected to continue operating on a weak footing, with attention focused on raw material trends and demand-side developments.
| Data Item | Release Date | Previous Period | Current Trend Forecast |
|---|---|---|---|
| IPA Plant Operating Rate | Thursday 17:00 PM | 55.73% | ↘ |
| 1. ↓↑ indicates significant fluctuation, highlighting data points with changes exceeding 3%. 2. ↗↘ indicates minor fluctuation, highlighting data points with changes within 3%. 3. → indicates stability. |
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