Last week, the price of isopropanol fluctuated and increased. The average price of isopropanol in China was 6870 yuan/ton the previous week, and 7170 yuan/ton last Friday. The price increased by 4.37% during the week.

Figure: Comparison of Price Trends of 4-6 Acetone and Isopropanol
The price of isopropanol fluctuates and increases. At present, the export situation of isopropanol orders is good. The domestic trading situation is good. The domestic isopropanol market is relatively active, with upstream acetone market prices rising, and cost support driving the rise in isopropanol market prices. Downstream inquiries are relatively active, and procurement is on demand. The quotation for Shandong isopropanol is mostly around 6750-7000 yuan/ton; The quotation for Jiangsu isopropanol is mostly around 7300-7500 yuan/ton.

In terms of raw material acetone, the domestic acetone market has rapidly increased since July. On July 1st, the negotiated price in the East China acetone market was 5200-5250 yuan/ton. On July 20th, the market price rose to 5850 yuan/ton, a cumulative increase of 13.51%. In the face of tight market supply and difficulties in improving in the short term, the enthusiasm of intermediate traders to enter the market has increased, inventory willingness has increased, and the query atmosphere for major downstream factories to enter the market has significantly improved, with market focus constantly rising.

In terms of raw material propylene, this week the domestic propylene (Shandong) market was initially suppressed and then rose, with a slight overall decline. The average price of the Shandong market at the beginning of the week is 6608 yuan/ton, while the average price on the weekend is 6550 yuan/ton, with a weekly decrease of 0.87% and a year-on-year decrease of 11.65%. Propylene analysts at the Commercial Chemical Branch believe that overall, international oil prices are uncertain, but downstream demand support is evident. It is expected that the propylene market will operate strongly in the short term.
At present, export orders are good and domestic transactions are active. The price of acetone has increased, and the support of raw materials for isopropanol is strong. It is expected that isopropanol will operate steadily and improve in the short term.