According to the monitoring data of business agency, as of May 11, the average ex factory price of n-butanol in Shandong was 9633 yuan / ton. Compared with the price on May 8 (the average reference price of n-butanol was 10200 yuan / ton), the price increased by 567 yuan / ton, down 5.56%.

It can be seen from the data monitoring chart of business society that after the labor day in May, the domestic n-butanol market rose broadly. At the end of last week, the n-butanol market in Shandong rose to a high level, with reference to around 10200 yuan / ton. Entering this week, the downstream of n-butanol was cautious in the face of high price procurement, the wait-and-see mood became stronger, and the demand side support weakened. From the 9th, the center of gravity of n-butanol in Shandong fell, and the quotation of n-butanol factory was adjusted downward one after another. As of May 11, the outgoing price of n-butanol in Shandong was around 9500-9800 yuan / ton, which was about 400-600 yuan / ton lower than that at the beginning of the week, with a reference decrease of 5.56% during the week. At present, the trading atmosphere of n-butanol is acceptable, and the transaction at low price is better.

In terms of upstream propylene, during the May Day holiday, international crude oil continued to rise under the influence of geopolitics, driving up the price of downstream basic chemicals. Under the transmission of costs, most commodities ushered in a round of price rise after the holiday, with propylene rising by 400 yuan / ton as a whole. On May 8, the main stream of propylene (Shandong) quoted 8800 yuan / ton. This week, the propylene market fell. According to the monitoring data of business society, on May 10, The reference price of propylene was 8676.80 yuan / ton, up 3.12% from May 1 (8414.60 yuan / ton).

Future analysis of n-butanol

At present, after the correction of the n-butanol market, the downstream demand support is OK, and the trading atmosphere on the floor is mild. The n-butanol datagrapher of the business society believes that in the short term, the consolidation and operation of the domestic n-butanol market in Shandong is the main, and the specific trend needs to pay more attention to the changes of supply and demand.