The price of n-butanol rose steadily after the festival

According to the monitoring data of the business agency, as of October 13, the average ex factory price of domestic n-butanol was 6400 yuan / ton. Compared with October 1, the average price of domestic n-butanol was increased by 66 yuan / ton, or 1.05%; compared with September 1, the average price was increased by 700 yuan / ton, or 12.28%.

 

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N-butanol market rose strongly in September driven by multiple positive factors

 

Since September, the domestic n-butanol market has begun to rise steadily. The high price of propylene gives support to the cost of n-butanol. The downstream replenishment of n-butanol was stable, the market trading atmosphere was good, and the transaction focus continued to rise. As of September 25, the average ex factory price of n-butanol was 6333 yuan / ton, which was increased by 633 yuan / ton or 11.11% compared with September 1. Then, at the end of the month, the n-butanol market was supported by the stock preparation before the festival, the market trend was high and stable, and the downstream procurement was active. Until the end of September, the overall market was stable and stable.

 

October market continued to be good, n-butanol market stable upward

 

In October, some domestic n-butanol manufacturers continued to increase the ex factory price of n-butanol by 50-100 yuan / ton. At present, in terms of cost, the raw material propylene started stable operation at the beginning of the month, and the high-level support was given to n-butanol, and the cost pressure of n-butanol was still under pressure. In terms of supply, some factories were shut down for maintenance in September, and the operating rate was around seven floors. In terms of demand, at present, the downstream just needs replenishment, and the trading atmosphere is good. As of October 13, the average ex factory price of domestic n-butanol was 6400 yuan / ton, which was increased by 66 yuan / ton or 1.05% compared with October 1; compared with September 1, the average price of domestic n-butanol increased by 700 yuan / ton, or 12.28%.

 

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The market price of n-butanol in some parts of China is attached (data for reference only, unit: yuan / ton)

 

Product Name: up and down in 10 / 1-10 / 13

N-butanol in East China 6400 6500 + 100

South China 6500 6600 + 100

North China 6300 6400 + 100

 

Upstream, after the festival, the domestic propylene market price has basically stabilized. As of October 3, the market price of propylene in Shandong continued to be stable. According to the price chart of the business agency, since October 1, the price of propylene has remained stable on the whole, and the prices of some enterprises have risen slightly. On Monday, most of the prices have remained stable, and some enterprises have risen slightly. At present, the market transaction is still stable between 7500 yuan / ton and 7650 yuan / ton, and the mainstream price is 7500 yuan / ton. Recently, some propylene plants have been shut down unexpectedly, and the overall supply is a little tight.

 

Tight spot, smooth conduction, n-butanol may continue to rise

 

At present, the spot price of n-butanol market is tight, the conduction is smooth, the downstream demand is normal, and the atmosphere is good. Therefore, it is expected that the market will rise again in the short term, and the market will continue to rise.

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