At the beginning of the month, the price of n-butanol became weak

According to the monitoring data of the business agency, as of November 4, the average ex factory price of domestic n-butanol was 6550 yuan / ton. Compared with November 1, the average price of domestic n-butanol decreased by 33 yuan / ton, or 0.51%; compared with October 1, the average price was increased by 217 yuan / ton, or 3.42%.

 

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In October, the overall market of n-butanol increased significantly. After the National Day holiday, the transaction center of n-butanol market continued to move towards the high-end. On October 22, the average price of domestic n-butanol increased to 6633 yuan / ton, 300 yuan / ton, or 4.74% higher than that at the beginning of the month. Then, the overall market entered a high stable operation channel. Until the end of the month, due to the decline of downstream butyl propyl butyl products and the original As of October 31, the reference value of domestic n-butanol factory was 6583 yuan / ton, which was 250 yuan / ton or 3.95% higher than that in early October.

 

In November and November 3, the consolidation of the mainstream price of n-butanol in China is weakening. Some factories in Shandong Province have reduced the ex factory quotation of n-butanol by 50-100 yuan / ton. At present, the downstream just needs to purchase. At present, as of the 4th, Shandong lihuayi n-butanol is delivered at 6550 yuan / ton. The price of n-butanol in Luxi Chemical Industry is 6400 yuan / ton.

 

Upstream, on November 4, the propylene market price in Shandong still rose. According to the price chart of business agency, propylene price remained stable in the first half of October and plummeted by more than 10% in the second half. Since November 1, there has been a correction in prices. Today, most enterprises’ prices continue to rise slightly, up about 5 yuan / ton. Since November, they have risen by 150-200 yuan / ton. At present, the market turnover is between 6700 yuan / ton and 7150 yuan / ton, and the mainstream price is about 6850 yuan / ton. At present, the shipment situation of the manufacturer is better than that in the earlier stage.

 

Export has increased, in the short term n-butanol consolidation

 

At present, due to the weakening of butyl ester, n-butanol trading atmosphere is light, but many factories still maintain stable market quotation. In addition, overseas demand has increased, which gives support to the domestic market of n-butanol. Therefore, the n-butanol datagrapher of the business club believes that the domestic n-butanol market will mainly be consolidation operation in the future.

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