Domestic  isopropyl alcohol prices rose in the first half of October. the average price of domestic isopropanol was RMB 7430/ton on October 1 and RMB 7760/ton on October 14.

After the National Day, influenced by the sharp rise in crude oil during the holidays, the market was positive and the price of raw material acetone rose. Isopropyl alcohol market cost support is strong, confidence is good, and market prices rose. Up to now, most of the isopropanol market in Shandong is quoted at about RMB7400-7700/ton; most of the isopropanol market in Jiangsu is quoted at about RMB8000-8200/ton. Most plants suspended their external offers. on Oct. 11, the U.S. isopropanol closed stable, while the European isopropanol market closed lower.

As far as acetone is concerned, acetone prices rose and then fell in the first half of the month. the average price of acetone was RMB5,580/mt on Oct. 1 and RMB5,960/mt on Oct. 14. The price rose this week, with a range of 6.81%. After the National Day, influenced by the sharp rise of crude oil during the holiday, the market was positive and opened a pull-up mode for three consecutive days. With the port replenishment, the terminal only needs to replenish goods for a period of time, and the purchase of high-priced raw materials slowed down. 12 days later, the market trading atmosphere turned weak, the holder shipping pressure under the offer fell, the actual order is obviously profitable.

In propylene, as of Friday, the mainstream offer of propylene (Shandong) market is 7550-7650 yuan / ton, the market from up to down, the market inventory is rising trend. Cost side: International oil prices continued to fall and cost support was weak. Demand side: The mainstream downstream polypropylene market is weak, further curbing the propylene market. Supply side: the resumption of production of propylene units from the previous maintenance plus the expected commissioning of new units, supply is on the rise.

At present, raw materials acetone, propylene from up to down, after the price conduction, the price of isopropyl alcohol will have a certain impact. It is expected that in the short term, isopropyl alcohol prices will be temporarily stable wait and see.

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