According to the price monitoring data of the business agency, as of December 16, the reference average price of domestic n-propanol with packaging in mainstream areas was 11800 yuan / ton, which was 133 yuan / ton, or 1.14%, compared with December 7 (average price of 11666 yuan / ton); compared with December 1 (average price of 11333 yuan / ton), the average price was increased by 466 yuan / ton, or 4.12%.

Strong raw material support, high-level and stable operation of n-propanol

Since December, the overall trend of the domestic n-propanol market has been optimistic. In the half month since the beginning of the month, the quoted price of n-propanol factory has risen steadily, with an increase range of 200-400 yuan / ton. At present, the external market trend of raw material ethylene continues to rise, which gives more strong support to the cost of n-propanol. In addition, the low inventory of n-propanol plant and the dual support of raw materials and supply side, the recent offer of n-propanol plant has continued to run at a high level. At present, as of December 16, the reference average price of domestic n-propanol including packaging in mainstream areas was 11800 yuan / ton, which was 133 yuan / ton or 1.14% higher than December 7 (average price of 11666 yuan / ton); compared with December 1 (average price of 11333 yuan / ton), average price of domestic n-propanol increased by 466 yuan / ton, or 4.12%. Shandong Province: the ex factory price of n-propanol bulk water is 10700-10900 yuan / ton, including the package factory price is 11700-11900 yuan / ton. The ex factory price of n-propanol package of Aite (Shandong) new materials Co., Ltd. is 11800 yuan / T. Nanjing: the ex factory price of n-propanol (bulk water) is around 10500-10600 yuan tons. Domestic Nanjing Rongxin Chemical Co., Ltd. (Nanjing Wujiang Chemical Co., Ltd.), n-propanol production unit started normal, normal shipment, n-propanol bulk water ex factory quotation of 10500 yuan / T, the price is temporarily stable.

In terms of raw materials, the external price of ethylene has risen recently. On December 10, the price was $934.75/t, and the average price of ethylene on December 15 was 965.25/t, up 27.51%. The current price is up 31.49% month on month, and the current price is 25.56% higher than last year. In the near future, the overall market of ethylene in the external market shows an upward trend. Asian ethylene market prices rose slightly. As of the 14th, CFR Northeast Asia closed at $975-985 / T and CFR Southeast Asia closed at $905-915 / T. The price of ethylene market in Europe increased greatly. As of the 14th, FD northwest Europe closed at 976-991 US dollars / ton, CIF northwest Europe closed at 987-999 US dollars / ton. The price of ethylene in the United States rose. As of the 14th, the price was 683-694 US dollars / ton. Recently, the ethylene market in Europe and the United States showed a rising trend. Generally speaking, the demand of the whole ethylene market improved, the market trading atmosphere was warm, and the market continued to rise.

In terms of crude oil, on December 15, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts at $47.62/barrel, up $0.63. Brent crude oil futures market prices rose, with the settlement price of main contracts at $50.76/barrel, up $0.47. Oil prices continued to push up on Tuesday, with the market still affected by the positive effects of vaccination, and the European blockade measures and the expected slowdown in fuel demand recovery limited the rise in oil prices.

Raw material supply double support short-term n-propanol continued to run strong

As 2020 is coming to an end, the chemical market as a whole will gradually usher in a surge of stock, and the domestic n-propanol market demand may also increase accordingly. Therefore, the n-propanol datagrapher of the business society believes that in the short term, the domestic n-propanol market will continue to run strongly, and there is no lack of the market gathering high again with the increasing demand.