Low inventory and tight supply, n-butanol price increased by 6.35% (8.16-8.22) within seven days

According to the monitoring data of business agency, as of August 22, the average ex factory price of n-butanol in Shandong was 15633 yuan / ton. Compared with the price on August 15 (the reference average price of n-butanol was 14700 yuan / ton), the average price increased by 933 yuan / ton, an increase of 6.35% during the week.

In early August, the overall market of n-butanol in Shandong fell. After entering the late stage, the market of n-butanol in Shandong began to pick up on the 16th, and the offer price of n-butanol factories began to rise steadily. The main support for the price rise came from the low inventory of n-butanol factories, the tight supply, the improvement of the enthusiasm for replenishment in the downstream, the improvement of the market atmosphere, and the focus of n-butanol transactions continued to move upward. As of the 22nd, in a week, At present, the ex factory quotation of n-butanol in Shandong is around 15500-15700 yuan / ton, and the average price is 15633 yuan / ton, an increase of 6.35% in seven days compared with the price on the 16th.

Upstream, since August, the domestic propylene oxide market has shown an upward trend as a whole. Until August 20, the market has declined. According to the monitoring data of business agency, as of August 20, the reference average price of domestic propylene oxide was 16825 yuan / ton, which was reduced by 200 yuan / ton compared with the previous working day, and increased by 525 yuan / ton compared with the price on August 1 (16300 yuan / ton), The increase was 3.22%.

Future analysis of n-butanol

At present, the inventory level of n-butanol plant is declining and the downstream just needs to be purchased. Therefore, the analysts of business society think that in the short term, the high-level operation of n-butanol market in Shandong is the main trend.

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