Market Forecasts of Isopropanol (IPA) July 10, 2020
Isopropyl alcohol continued its downward trend this week. The raw material acetone fluctuated downward, and cost unstable. The procurement demand is limited and continue to drag down the market.
Till July 3, China Isopropyl alcohol in the eastern region are around 10,600 yuan/ton, which is about 800 yuan/ton lower than last week.
Yesterday, Isopropyl alcohol price did not fluctuate much, the raw material acetone was operating at a high price, the market improved slightly.
FOB US Gulf: 2229-2251 US dollars/ton, down 260 US dollars/ton from last week;
DER: 2289-2311 US dollars/ton, down 260 US dollars/ton from last week.