According to the monitoring data of the business agency, as of December 18, the average ex factory price of domestic n-butanol was 9666 yuan / ton, which was increased by 850 yuan / ton or 9.64% compared with the price on December 13; compared with the reference price of 9100 yuan / ton on December 1, the average price of domestic n-butanol increased by 566 yuan / ton, or 6.23%.
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N-butanol rose 9.64% in the week due to increased demand and tight supply
This week, due to the impact of emergency repair and shutdown of foreign n-butanol production plants, exports increased, domestic demand for n-butanol increased, and the market of n-butanol broke the downturn of last week. From Monday, the price of n-butanol plants continued to rise, with a one-day increase of 100-300 yuan / ton. At the weekend, the market center of n-butanol market continued to move up. At present, the downstream industry stock is not much, just need to purchase, the atmosphere is good. In Shandong Province, n-butanol spot is tight, and the business mentality is strong. On December 18, Luxi Chemical Co., Ltd. offered 9900 yuan / ton of n-butanol, with an increase of 700 yuan / ton during the week. Shandong lihuayi n-butanol factory offer 9500 yuan / ton, increased 500 yuan / ton within the week. Wanhua Chemical Co., Ltd. produced 9600 yuan / ton of n-butanol from North China, with an increase of 600 yuan / ton within the week.
On the upstream side, on December 17, the propylene market prices in Shandong Province declined individually. According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. From the end of the month to the beginning of the month, the price was stable again. On the 4th, the price rose by about 450 yuan / ton from the 3rd to the 8th, up by 5.90%. On the 9th, the price was fully stable. On the 10th, some enterprises made up for the increase, and some of them fell slightly. On the 11th, the price began to decline twice, and the decline continued on the weekend. On the 14th, the price dropped 200-250 yuan / T. on the 15th, the price was mainly stable, and most of them remained stable in the later period Some enterprises have declined slightly, and some of them have dropped slightly today. The transaction volume in the market is between 7880 and 8150 yuan / ton, and the mainstream price is still around 7900 yuan / ton. Now the factory inventory pressure slightly increased, the shipment situation is ordinary.
In terms of crude oil, on December 17, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts at $48.54/barrel, up $0.72. Brent crude oil futures market prices rose, with the settlement price of main contracts at $51.50/barrel, up $0.42. Oil prices continued to climb on Thursday and are now at a nine month high after EIA data showed a decline in US crude oil stockpiles, progress in the US fiscal stimulus plan and strong Asian demand boosted the market.
Purchasing atmosphere is good, inventory is low, it is expected that n-butanol will be strong in the future
At present, the downstream purchasing atmosphere of n-butanol market is good, the confidence of the industry is relatively sufficient, and the overall inventory of n-butanol factory is low. Therefore, the n-butanol data analyst of the business society predicts that the market of n-butanol in the short term will be high and strong.
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