The isopropanol(IPA) market will be mainly volatile in the short term.
After the holiday, the market price of isopropanol (IPA) first rise and then fall.
After the year, phenolic ketone enterprises increased their listing prices, and the acetone market price will rise, providing good support for the cost side. As the price of isopropanol increases, traders have good confidence. As the end of the month approaches, on-site trading gradually slows down, and downstream factories mainly replenish goods as needed.
In terms of raw material acetone, the market price of acetone will fluctuate and rise after the holiday. On the first working day after the new year, phenolic ketone enterprises have raised their listing prices, with high cost support. Currently, terminal factories are restocking as needed, and it is expected that acetone will maintain a range adjustment operation in the short term.
In terms of propylene, the market fell first and then rose. Downstream work will resume gradually after the year, but demand follow-up is slow and prices continue to fall. Towards the end of the month, downstream profit margins have increased, and propylene prices have rebounded.
It is expected that the isopropanol market will be mainly volatile in the short term.