According to the price monitoring data of business agency, as of October 26, the reference average price of domestic n-propanol including packaging in mainstream areas was around 11266.67 yuan / ton, which was 167 yuan / ton lower than that on October 19 (the average price was 11433.33 yuan), with an increase or decrease of 1.46%.
| EDTA |
At present, the domestic market of n-propanol in Shandong has a narrow range of shocks and downward trend. The quotation of regional dealers has been lowered, with the downward range of 100-300 yuan / T. the original external market of ethylene has fallen recently, which has limited support for the n-propanol market, and there is no obvious boost to the downstream demand. The n-propanol manufacturers have reduced their prices to ship goods for the sake of smooth delivery. As of the 26th, the reference price of n-propanol bulk water in Shandong was 10200-10500 yuan / ton, which was about 300 yuan / ton lower than that on 25th. The mainstream price including packaging was about 11000-11500 yuan / ton, and the low-end price was 300 yuan / ton lower than that on 25th. At present, the ex factory price of n-propanol bulk water in Nanjing is stable around 10000-10100 yuan / ton, and the adjustment is not big during the period.
In terms of raw materials, on the 23rd, in the European ethylene market, FD northwest Europe quoted 706-719 USD / T, down 1 USD / T; CIF northwest Europe quoted 697-706 USD / T, down 1 USD / T. the recent market demand was general, and the international oil price fell on Friday (October 23), affected by increased concerns about crude oil demand. On the 23rd, the U.S. WTI crude oil futures market price fell, with the settlement price of main contracts at $39.85/barrel, down $0.79. Brent crude oil futures market price fell, the main contract settlement price to 41.77 US dollars / barrel, down 0.69 US dollars. Affected by the price of upstream crude oil, ethylene market may fall mainly in the later period.
The price fluctuation is limited after n-propanol is put into operation
At present, the downstream demand of n-propanol is general, and the terminal market is relatively large, but there is no good. According to the data analyst of the business club, it is expected that the market as a whole will fluctuate slightly in the short term, mainly to maintain stability, and it is difficult to make a big breakthrough.
| EDTA 2Na |