Price Trend

According to data monitoring of business associations, as of September 10, the average price of n-butanol in mainstream areas was 6833.33 yuan/ton (including tax). The price of n-butanol in mainstream areas was 133.33 yuan/ton (including tax) higher than last Monday (September 2), up by 1.99%. At present, the mainstream price range of n-butanol in China is 6700-7200 yuan/ton.

II. Market Analysis

Products: Since the beginning of September, the domestic n-butanol market has been in a steady, small and medium-sized upward trend. Mainstream market quotation of n-butanol is mainly stable. The quotation of individual manufacturers in Shandong has increased, and downstream users have just needed to purchase. Mainstream factories of n-butanol have maintenance plans this month, and the stock level of mainstream factories is low, which has played a supporting role in the overall price rise of n-butanol. In addition, the first-class market sales have steadily supported the high-level operation of market offer, and the upstream propylene price has increased slightly, which has also led to the strong market of n-butanol in recent days. Organize the status. On September 10, Wanhua Chemistry’s latest n-butanol quotation rose slightly. The North China region’s ex-factory quotation was 6900 yuan/ton, up 100 yuan/ton from September 2, the East China region’s ex-factory quotation was 7100 yuan/ton, up 50 yuan/ton from September 2, and the South China region’s ex-factory quotation was 7200 yuan/ton, up 100 yuan/ton from September 2.

Industry chain: The recent market price of propylene, the upstream product of n-butanol, has remained stable. In some areas, it has increased slightly. The price of propylene enterprises in Shandong increased by 50-100 yuan/ton on September 1 and 2, after stabilizing on September 1. Only some enterprises have increased slightly on March 5, and all of them have been stabilizing in the near future. At present, the market turnover is about 7650-7750 yuan/ton, and the mainstream price is about 7,650 yuan/ton. The price is about 7650 yuan/ton. Propylene stocks in Shandong are still low and supply is tight. With the rise of crude oil prices, the main propylene downstream manufacturers gradually recovered, and the market showed a good performance. The demand side of butyl ester downstream of n-butanol is good, and the market is stable as a whole. Maintaining the purchase of raw materials is the main demand.

3. Future Market Forecast

Business societies data analysts believe that in the near future, the domestic n-butanol market is expected to continue to be in a high level of consolidation operation, and the specific trend is also closely related to the upstream and downstream as well as the supply and demand level.