According to the price monitoring data of the business agency, as of August 26, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11733 yuan / ton. Compared with the price on August 23, the average price was reduced by 500 yuan / ton, or 4.09%. Compared with the price on August 1, the average price was reduced by 170 yuan / ton, or 1.40%.
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Since the beginning of August, the overall stability of the domestic n-propanol market has been maintained. At the end of mid August, due to the improvement of n-propanol market demand and the improvement of sales volume in July, the offer of n-propanol in some secondary markets was raised again by 200-300 yuan / T. the ex factory price of domestic n-propanol bulk water was around 10500-11000 yuan / ton, with a high level of 11100 yuan / ton, including packaging price of 11300-12000 yuan / ton It is around 12500 yuan / ton. Subsequently, the overall high-level stable operation of the market, during the period of business offer more firm, more calm news.
Near the end of August, the domestic n-propanol market inflection point – the price fell
At the end of the day, the lower end of the market was lower than that of the lower end of the day, and the lower end of the market was lower than that of the lower end of the day, and the lower end of the market was lower than that of the lower end of the day, and the lower end of the market was lower than that of the lower end of the market. The lower end of the day was lower than that of the lower end of the market. In terms of the plant: Nanjing Rongxin Chemical Co., Ltd., the normal operation of n-propanol plant, the ex factory bulk water price of n-propanol was 10500 yuan / T, 500 yuan / t lower than a week ago. The normal operation of n-propanol plant in Nanjing NOAO new materials Co., Ltd. was normal, and the ex factory bulk water price of n-propanol was 10600 yuan / T, which was 400 yuan / t lower than a week ago. In terms of secondary market: the reference of ex factory quotation of n-propanol bulk water in Shandong is around 10300-10600 yuan / ton, which is 300-400 yuan / ton lower than a week ago, and the reference of Barrel Factory quotation is 11100-11600 yuan / ton, which is 200 yuan / ton lower than a week ago.
In terms of raw materials, the overall market price of ethylene has declined since August, and the current market trading atmosphere is flat. As of August 25, the reference price of ethylene was 681.25, which was 8.03% lower than that on August 1 (740.75). The ethylene price in Europe is temporarily stable. The high price of FD northwest Europe is 559 euro / ton, the low price is 551 euro / ton, and the average price is 555 euro / ton; the average price of CIF northwest Europe is 662 US dollars / ton. In the Asian ethylene market, CFR Northeast Asia quoted 715-725 USD / T, up 5 USD / T compared with the previous day, and CFR Southeast Asia quoted 685-695 USD / T.
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In terms of crude oil, on August 25, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts at $43.35/barrel, up $0.73. Brent crude oil futures market prices rose, the main contract settlement price to 46.29 U.S. dollars / barrel, up 0.65 dollars. WTI crude oil and Brent crude oil reached the highest level since March, mainly due to the hurricane, most of the offshore crude oil production units along the Gulf of Mexico were shut down, and supply risk partially offset the impact of the epidemic.
Just under the demand of n-propanol after the market more attention to raw materials and supply and marketing situation
After the isopropanol market gradually dropped to a high level, the domestic market demand of n-propanol once again entered the stable situation of rigid demand. At present, the domestic market demand is limited, and most of them are contracted users. The trend of n-propanol is mainly affected by the relationship between raw materials and supply and demand. After the current crude oil futures market price rises, the ethylene market of raw material may rise in the near future, thus providing the cost support for n-propanol again. From this perspective, it is possible for the market of n-propanol to stabilize and improve in the near future.
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