Demand is good, and the price of normal butanol has increased for three consecutive days, with an increase of 5.22%

According to the monitoring data of business agency, as of August 18, the average ex factory price of n-butanol in Shandong was 15466 yuan / ton. Compared with the price on August 15 (the reference average price of n-butanol was 14700 yuan / ton), the average price increased by 766 yuan / ton, a decrease of 5.22% during the week; Compared with the price on August 1 (the reference average price of n-butanol was 15100 yuan / ton), the average price increased by 366 yuan / ton, or 2.43%.

In early August, the domestic n-butanol market in Shandong fell sharply. Affected by logistics and other factors, downstream replenishment was cautious. The shipment of n-butanol from Shandong factory slowed down, and the market price of n-butanol also fell since early August. As of August 15, the average ex factory price of n-butanol in Shandong fell to 14700 yuan / ton, down 866 yuan / ton compared with the beginning of the month, a half month decrease of 5.57%.

Since the beginning of this week, the trading atmosphere of n-butanol market in Shandong has improved. Downstream users actively replenish goods at low prices, the supply of low-cost goods in the n-butanol field has decreased, and the overall trading focus of n-butanol has begun to rise. In the next two days, the inventory of n-butanol plant in Shandong decreased continuously, the supply pressure decreased, and the n-butanol market continued to rise. As of August 18, the average ex factory price of n-butanol in Shandong rose to 15466 yuan / ton, and the cumulative average price for three days rose by 766 yuan / ton, or 5.22%.

In the upstream, according to the bulk list data of business society, as of August 18, the reference price of propylene oxide was 17025 yuan / ton, up 4.45% compared with August 1 (16300 yuan / ton). The downstream procurement was normal and the market trading atmosphere was acceptable.

Future analysis of n-butanol

At present, the overall performance of the n-butanol market in Shandong is good, the factory inventory is low, and the spot sales pressure is small. Therefore, the n-butanol analysts of the business society believe that in the short term, the n-butanol market in Shandong will be dominated by strong operation.