Isopropyl Alcohol Market Prices Rose First, Then Fell Last Week (May 18–22)

Market analysis

Last week, market prices to isopropyl alcohol (IPA) initially rose before subsequently declining. With raw material acetone prices falling—thereby weakening cost-side support—manufacturers lowered their quoted prices. The overall IPA market direction remained soft; market sentiment was lackluster, and downstream buyers—driven primarily by immediate, essential needs—exercised caution in their procurement activities. By the end of the week, most market quotes to IPA in the Shandong region hovered around 8,100–8,300 RMB/ton, while in the Jiangsu region, most quotes ranged from approximately 8,150 to 8,300 RMB/ton.

Market outlook

According to analysts at SunSirs, prices in the isopropyl alcohol market rose initially last week before subsequently declining. Downstream buyers primarily purchased on an as-needed basis, while market participants largely adopted a wait-and-see stance. In the short term, the market is expected to undergo a weak consolidation phase; market observers should pay close attention to the operational strategies of major manufacturers.