The price increasing of n-butanol returned in August and continued to rise steadily this week (8.10-8.14)

According to the monitoring data of the business agency, as of August 14, the average ex factory price of domestic n-butanol was 5733.33 yuan / ton. Compared with August 7, the average price of domestic n-butanol increased by 133 yuan / ton, or 2.38%; compared with August 1, the average price of domestic n-butanol increased by 233 yuan / T, or 4.24%.

 

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N-butanol rose steadily in August

 

Since the beginning of August, the domestic market of n-butanol has recovered steadily, the inventory of manufacturers is low, the downstream just needs to purchase, the market trading atmosphere is good, and the center of n-butanol is constantly moving up.

 

Strong cost support, n-butanol market rose again this week

 

This week, the domestic n-butanol market continued to rise. Under the support of cost, the offer of n-butanol plant continued to rise this week. The manufacturers mainly delivered the early orders, the downstream replenishment was more positive, the purchasing mentality was good, the cost pressure was increasing, the volume of goods was limited, the market offer was firm, and the spot sales pressure in the short term was small, which supported the high price operation of n-butanol market. As of August 14, the ex factory quotation of n-butanol in Luxi Chemical Industry Co., Ltd. was 5800 yuan / ton, up 200 yuan / ton this week; Shandong lihuayi n-butanol factory quotation was 5600 yuan / ton, up 100 yuan / ton this week; Wanhua chemical North China n-butanol factory quotation was 5800 yuan / ton, which was high and stable this week.

 

The current market price of n-butanol in some regions of China is attached (data for reference only, unit: yuan / ton)

 

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Product name up and down on 8 / 10 / 8 / 14

N-butanol in East China 5850 5930 + 80

South China 6000 6200 + 200

5800 5800 in North China

Northeast China 5600 5700 + 100

On the upstream side, in the early August, the propylene market price in Shandong region rose as a whole. Starting this week, the propylene market remained stable. On the 14th, the market price of propylene in Shandong declined slightly, but the price was at the high level in the range. At present, the turnover of propylene market is between 6950 and 7250 yuan / ton, and the mainstream price is still around 7000 yuan / ton. Propylene manufacturers stable shipment, low inventory.

 

Downstream purchase positive spot stock low n-butanol after market high

 

Generally speaking, the upstream and downstream support of domestic n-butanol market is relatively strong. The upstream cost is supported, the downstream operating rate is relatively high, the purchasing atmosphere is good, and there is no pressure on the spot stock of n-butanol. It is expected that the overall high-level operation of the domestic n-butanol market in the short-term will be dominated, and the prices in some regions may rise slightly again.

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