Isopropanol Market Edges Higher

1. Daily Summary

① The ex-works price from major Shandong plants stands at 9,100 RMB/ton.
② Today’s domestic isopropanol industry capacity utilization rate is 57%.

2. Spot Market Overview

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

Data Source: Chempricehub Information

Taking the East China region as the benchmark, today’s isopropanol price closed at 9,325 RMB/ton, up 75 RMB/ton compared to the previous trading day. Raw material acetone prices continued to rise, providing strong cost support. Coupled with slightly tight spot supply in the market, holders’ willingness to sell at low prices diminished, causing quoted prices to edge higher. Actual transactions were mostly driven by rigid demand, and market sentiment remained quiet. The South China market also rose simultaneously; however, downstream procurement showed caution, resulting in insufficient transaction volumes at high prices.

3. Production Dynamics

Today, the isopropanol industry capacity utilization rate was 57%. Regarding profitability, factories using the acetone process reported a loss of 210 RMB/ton, while those using the propylene process achieved a profit of 514 RMB/ton.

4. Price Forecast

Support from raw material costs has strengthened, reducing manufacturers' willingness to sell at low prices, leading to an expectation of upward adjustments in quoted prices. However, overall procurement interest from downstream factories remains average, and transactions at high prices still require follow-up, with actual deals focusing on negotiation. Overall, the short-term isopropanol market is expected to maintain range-bound fluctuations. Future attention should be paid to changes in raw material trends and downstream factory procurement activities.

5. Related Products Status

Acetone: Taking the Jiangsu region as the benchmark, today’s acetone price closed at 8,535 RMB/ton, up 135 RMB/ton from the previous trading day. The weight center of the East China acetone market shifted upward this morning. Some factories raised their opening quotes, signaling price firmness, which boosted holders’ enthusiasm for pushing prices up. Quoted prices followed suit. With enhanced cost-side support, a few downstream factories entered the market to inquire and replenish stocks. Actual transactions were mainly small-volume rigid demands; momentum for chasing highs was limited, but sourcing low-priced inventory proved difficult.

6. Data Calendar

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

Data Source: Chempricehub Information
Notes:

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