Views: 5 Author: Site Editor Publish Time: 2020-07-09 Origin: Site
In the first half of the year, the Isopropyl alcohol market rose fiercely due to the surge in exports and cost-side support. The average price rose from a low point of CNY6,000.00 (ton price, the same below) to a high point in early June after two rounds of rise, reach CNY13,900.00, the largest increase reached 131.67%. Since then, with the slowdown in foreign trade, export orders have shrunk significantly, and the market price has returned to CNY11,600.00.
For the prediction of the second half of the year, the professional believe that the favorable situation of foreign trade is weakening and the cost support is weak, then the Isopropyl alcohol market is expected to return to rationality gradually.
