On September 22, 2023, the benchmark price of Isopropyl Alcohol was 9260.00 yuan/ton, an increase of 19.02% compared with the beginning of this month (7780.00 yuan/ton).
Isopropyl Alcohol market prices have increased recently. The market prices of raw materials acetone and propylene have risen one after another. Factories have raised their listed prices. The price of acetone has increased from 5,600 yuan to 7,500 yuan/ton, and the price of propylene has increased from 6,580 yuan to 7,230 yuan/ton. The rise in international oil prices has prompted a steady rise in propylene prices, supported by raw materials powerful.
Internationally, the foreign trade orders of isopropyl alcohol are good, and isopropyl alcohol factories mainly issue foreign trade orders. Domestically, there is less supply on the market and prices are rising.
Hosea Chem Analysis predicts that the Isopropyl Alcohol market will continue to be strong in the short term of 3 months.