According to the data monitoring of business agency, as of June 8, the average price of n-butanol was 5483 yuan / ton (including tax). Compared with the beginning of June, it was reduced by 100 yuan / ton, down 1.80%, and increased by 500 yuan / ton, up 10.07% compared with the beginning of May.
| Sodium Molybdate |
In May, the market situation of domestic n-butanol was generally good. After labor day, the price of raw material propylene rose, the support of n-butanol cost was strengthened, and the inventory of suppliers was low. Driven by the cost, the quotation of n-butanol market gradually rose. In the middle of May, the start-up load of downstream butyl increased, the demand for n-butanol increased, the purchasing atmosphere in the downstream increased again, the replenishment was positive, and the price rose strongly. As of May 15, according to the data monitoring of the business agency, the average ex factory price of n-butanol in China is 5483 yuan / ton, up about 520 yuan / ton or 10.04% compared with May 1. In the following week, it was heard that the restart time of Northwest n-butanol plant was delayed, confidence in the downstream was boosted, the price of raw material propylene continued to rise, the cost continued to be strongly supported, and the overall market price rose again. As of the 25th, according to the data monitoring of the business agency, The average ex factory price of n-butanol in China is 5666 yuan / ton, up about 700 yuan / ton, or 14.09% compared with May 1. Subsequently, the market maintained stable operation as a whole, until 28, affected by the decline of raw material propylene, the n-butanol market stalled, and some factory quotations fell slightly. By the end of 31 days, according to the data monitoring of business agency, the average ex factory price of domestic n-butanol was 5633 yuan / ton, up 667 yuan / ton, or 13.42% compared with May 1.
Since the beginning of June, the market of domestic n-butanol has been generally stable, with a slight decline. In the first three days, the market has been generally stable, with downstream purchases on demand and general market transactions. On April 4, due to the excessive inventory in some areas of n-butanol, the factory delivered the goods at a profit, and the market price of n-butanol decreased by 50-100 yuan / ton. Then, the market of n-butanol did not continue to decline, and the increase of propylene still gave cost support. Until the weekend, the market of n-butanol remained stable, and the manufacturer mainly handed in the bill, and the downstream just needed replenishment. On August 8, the external sales of some butanol factories increased, the downstream wait-and-see mood was heavy, the trading atmosphere turned weak, and the market quotation slightly fell.
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As of June 8, according to the data monitoring of the business agency, the average ex factory price of domestic n-butanol was 5466 yuan / ton, down 100 yuan / ton, or 0.60% compared with June 1. Compared with May 1, it increased 567 yuan / ton, or 11.41%, with the maximum amplitude of 11.41%.
On the upstream side, Shandong propylene price fell back after rising in May, and began to rise again at the end of the month. In June, the domestic propylene (Shandong) market price rose steadily this week and then stabilized. On the first day, the price of propylene continued the upward trend on Sunday, with a slight increase of about 50 yuan / ton. On the second day, the price rose again by about 100 yuan / ton. On the third day, it continued to rise by 100 yuan / ton, and on the fourth day, it slightly increased by 50 yuan / ton. From May to July, the price of some enterprises remained stable. On August 8, the price of some enterprises declined slightly. Now, the market turnover is between 6850-7000 yuan / ton, and the mainstream price is about 6850 yuan / ton.
According to the analysts of n-butanol in business club, it is heard that the number of n-butanol factories returning to work increased in mid June, and the output increased accordingly. In addition to the contract users, the sales orders may increase, which may cause more wait-and-see mood in the downstream, and affect the purchasing atmosphere. However, the market just needs to remain, and it is expected that the rise of n-butanol in the future is weak or has been consolidated.
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