According to the monitoring data of the business agency, as of June 30, the average ex factory price of n-butanol in Shandong Province was 14633 yuan / ton, up 833 yuan / ton or 6.04% compared with the price on June 1 (13800 yuan / ton).

In June and the first ten days of the year, the market of n-butanol in Shandong rose sharply. Supported by the delayed start-up of some plants, the spot supply of n-butanol plants continued to be tight, the downstream demand showed good performance, and the atmosphere of on-site trading increased rapidly. In just three days at the beginning of the month, the factories increased the ex factory price of n-butanol by 1000 yuan / ton. On June 4, the average ex factory price of n-butanol in Shandong rose to 14500 yuan / ton, up 5.07% compared with the beginning of the month. Subsequently, the n-butanol market continued to rise steadily. As of June 15, the average ex factory price of n-butanol in Shandong Province had risen to 15300 yuan / ton. Compared with the beginning of this month, the average price of n-butanol increased by 1500 yuan / ton, or 10.87% in half a month.

In late June, below the high level, the downstream demand of n-butanol was reduced, and the market price of n-butanol began to fall, but the overall level remained high. At the end of the month, the inventory of n-butanol plant was normal, the downstream demand was stable, and the n-butanol market was mainly in consolidation operation. As of June 30, the average ex factory price of n-butanol in Shandong Province was 14633 yuan / T, which was 667 yuan / t lower than the high market price of that month (15300 yuan / T), with a decrease of 4.36%. Compared with June, the average price was 844 yuan / T higher, with a monthly increase of 6.04%.

On the upstream side, in early June, the market price of propylene oxide dropped sharply to a low point in late June. In late June, the market price of propylene oxide began to rise steadily, and the price was temporarily stable on the 30th. At the end of the month, due to the influence of logistics and start-up policy, the supply of propylene oxide decreased and the market was mainly wait-and-see. On June 30, the mainstream quotation of propylene oxide Market in Shandong was around 14000-14100 yuan / ton, and the mainstream quotation of propylene oxide Market in East China was around 14200-14400 yuan / ton.

Future market analysis of n-butanol

I heard that in July, the n-butanol plant in Northwest China is approaching maintenance, the supply of n-butanol will be reduced, and the downstream will be replenished one after another. The demand is stable and normal. Therefore, n-butanol analysts from business news agency believe that in July, the domestic n-butanol market is expected to move closer to a high level under the support of tight supply.