Product Name: n-butanol

Latest price (March 2): 10466 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, on March 2, the domestic n-butanol market in Shandong operated smoothly as a whole. The average ex factory price of n-butanol was 10466 yuan / ton, which was basically the same as that of the previous working day. On the 2nd, the downstream of n-butanol just needed to be purchased, and the trading atmosphere on the floor was normal. The domestic n-butanol market in Shandong was consolidated and operated. The ex factory price of n-butanol was around 10300-10500 yuan / ton.

Future forecast: at present, the downstream demand of n-butanol is mainly just for purchase, and the wait-and-see mood is still on the floor. The n-butanol data division of business society believes that in the short term, the market situation of n-butanol in Shandong will mainly be adjusted and operated in a narrow range, and more attention needs to be paid to the changes of supply and demand.

Domestic cobalt price rose on March 1

According to the data monitoring of business agency, the domestic cobalt price rose on March 1, and the cobalt market picked up. On March 1, the price of cobalt was 547500 yuan / ton, up 0.18% from 546500 yuan / ton on the previous trading day; The cobalt market recovered, and the cobalt price fluctuated and rose.

Key points of analysis

The increase of international cobalt price is lower than that of domestic cobalt price, and the price difference at home and abroad is reduced; The consumption growth of new energy vehicles exceeded expectations, the demand growth of cobalt market exceeded expectations, the output of ternary batteries increased sharply year-on-year, the demand of cobalt market was strong, and the rising power of cobalt market was large. Cobalt prices rose too fast in February, and the risk of future decline remains.

Future forecast

The demand exceeded the expectation, the cobalt price rose sharply, the price difference between domestic and foreign cobalt prices decreased, the cobalt price rose too fast, and the risk of decline still exists. It is expected that the cobalt price will stabilize in the future.

According to the monitoring of business agency, the price of domestic nitrile rubber was 23750 yuan / ton on the 28th, which was stable compared with the previous day. After the festival, the construction in the downstream of nitrile was basically stable, the demand side was mainly just demand, and the market offer of merchants fluctuated slightly. According to the monitoring of business society, as of February 28, the mainstream of domestic Lanhua nitrile n41e market reported 22800 yuan / ton; 3305e mainstream newspaper 23000 yuan / ton; 3308e mainstream newspaper: 23300 yuan / ton; Shunze 3355 mainstream reported 22800 yuan / ton; Nandi nitrile 1052 mainstream reported around 24700 yuan / ton. The raw material butadiene rose after the festival, and the price of acrylonitrile rebounded slightly after falling, with support from the cost side.

Future forecast: after the festival, the demand for nitrile rubber is mainly just demand, and the pressure on the supply side is small. If the cost side continues to rise in the later stage, nitrile rubber will rise steadily.