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Home > IPA News > News Detail
IPA News
SunSirs: The Market Price of IPA Fluctuated in February
February 28 2025 10:50:56SunSirs(John)

Price trend

According to the monitoring of the commodity market analysis system of SunSirs, the market price of IPA fluctuated in February, with prices first falling, then rising, and then falling again. Overall, prices have slightly increased. On February 1st, the average price of IPA in China was 6,660 RMB/ton, and on February 27th, the average price was 6,670 RMB/ton, an increase of 0.15% compared to the beginning of the month.

Analysis review

The market price of IPA fluctuated in February, with prices first falling, then rising, and then falling again. In the first ten days, just after the Spring Festival holiday, downstream terminal demand recovered slowly, and the atmosphere of on-site actual trading was average, resulting in a decrease in enterprise prices. In the middle of the month, due to the rise in acetone prices and strong cost support, market prices quickly rose. In late February, the upstream acetone market mainly experienced a downturn, with weak cost support and relatively light demand in the end market. Downstream procurement enthusiasm was not high, and transactions were cautious, resulting in a further decline in market prices. As of February 27th, most of the IPA market prices in Shandong were around 6,500-6,600 RMB/ton; Most of the quotations in the IPA market in Jiangsu and Zhejiang regions were around 6,800-6,950 RMB/ton based on market reference prices.

In terms of raw material acetone, the domestic acetone market price increased in February. On February 1st, the average price of acetone was 6,097.5 RMB/ton, and on February 27th, the average price was 6,492.5 RMB/ton, with a price increase of 6.48%. As of February 27th, the trading atmosphere in the acetone market was still good, and the mentality of holders was good. It is expected that the acetone market will remain strong in the short term.

In terms of propylene, the domestic propylene market fluctuated and fell in February. On February 1st, the market was average at 6,823.25 RMB/ton, and on February 27th, the average price was 6,813.25 RMB/ton, a decrease of 0.47% in price. As of February 27th, there was no pressure on propylene inventory, and downstream purchases were made as needed. It is expected that propylene prices will experience slight fluctuations and consolidation in the short term.

Market outlook

The IPA analyst from SunSirs believes that the IPA market price first fell, then rose, and then fell again in February. As of February 27th, the confidence of cargo holders was average, and the demand in the terminal market was relatively light, resulting in a decrease in factory prices. However, due to the firm prices of raw materials and the recovery of downstream terminal procurement intentions, transactions were mainly driven by essential needs. It is expected that in the short term, IPA will be wait-and-see and the market will mainly stabilize and consolidate.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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