According to the price monitoring data of business news agency, as of April 16, the average reference price of domestic n-propanol containing packaging in mainstream regions was around 9333 yuan / ton, which was reduced by 1800 yuan / ton compared with April 11 (reference price of 11133 yuan / ton), a weekly drop of 16.17%. \. Multiple bad news hit the domestic n-propanol market down sharply this week, with a weekly decline of more than 16%

This week, the domestic n-propanol market fell sharply. Starting from Monday, the price of domestic n-propanol in Shandong and Jiangsu was sharply reduced by 800-1000 yuan / ton. In the following two days, the market of n-propanol went down again, and the market of n-propanol went down for three consecutive days. Until the end of the week, the market stopped falling, stabilized and entered a weak stable operation. As of the 16th, the factory quotation of n-propanol in Shandong Province is around 8300-8800 yuan / ton (loose water), and some low-end quotation is 8100 yuan / ton; The factory quotation of n-propanol in Jiangsu Province is about 8500-9000 yuan / ton (loose water). According to the data monitoring of the business agency, as of the 16th, the average ex factory price of n-propanol with bags was 933 yuan / ton, which was reduced by 1800 yuan / ton compared with the price on the 11th of last weekend, with a weekly drop of 16.17%. \. The reasons for the precipitous decline of domestic n-propanol prices are as follows:

According to the data monitoring of the business agency, as of the 16th, the average ex factory price of n-propanol with bags was 933 yuan / ton, which was reduced by 1800 yuan / ton compared with the price on the 11th of last weekend, with a weekly drop of 16.17%. \. The reasons for the precipitous decline of domestic n-propanol prices are as follows: In terms of demand, after the Spring Festival, the overall trend of the domestic n-propanol market has been in a weak position. The recovery of downstream demand is slow, and there are few new orders. Especially after the slight increase of market price in mid March, the contradiction between the supply and demand side of n-propanol is increasing, the demand is extremely cold, and the stock is accumulating, which are constantly depressing the confidence of the n-propanol industry, In order to ship as soon as possible, the market began to drop sharply. In terms of raw materials, at present, the main production method of n-propanol in China is ethylene process. Therefore, as the main raw material of n-propanol, the trend of ethylene is also the key to the development of n-propanol market. Recently, the price of ethylene market remains high, and the cost pressure of n-propanol increases. “The cost of raw materials keeps rising, but the demand of downstream market has not improved. Such a situation has led to the collapse of the n-propanol industry. In order to speed up the shipment, the n-propanol industry has to reduce the ex factory price of the spot n-propanol.

According to the data monitoring of the business agency, as of the 16th, the average ex factory price of n-propanol with bags was 933 yuan / ton, which was reduced by 1800 yuan / ton compared with the price on the 11th of last weekend, with a weekly drop of 16.17%. \. The reasons for the precipitous decline of domestic n-propanol prices are as follows: