Chinese Isopropanol Market Fluctuated Upwards This Week (Apr 8-12, 2018)
The Chinese isopropanol market fluctuated up this week. Up to April 12, the closing price of isopropanol in Jiangsu was RMB 7,000/mt, up RMB 350/mt or 5.26% week on week. Propylene prices moved up and acetone prices also fluctuated up. Given the increasing production cost, Chinese isopropanol producers were bullish about the market and held firm offers. Producers increased the offers and some producers were unwilling to sell goods at low prices. The downstream demand increased slightly on the “buy high” mentality.
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