I. price trend

According to the data monitoring of the business agency, as of October 30, the main quotation of domestic n-propanol dealers is around 10500-11400 yuan / ton (including tax in barrels), and the main quotation of imported n-propanol traders is around 11100-11600 yuan / ton (including tax in barrels).

II. Market analysis

Products: since the beginning of September, the quotation of domestic n-propanol distributors according to the data monitoring of the business agency has been basically stable, and the quotation of individual distributors and manufacturers that are not within the monitoring scope has slightly increased since the National Day in October. At present, as of October 30, the domestic Nanjing Rongxin Chemical Co., Ltd., the normal operation of the n-propanol production device, and the n-propanol (content ≥ 99.5; etc.) Grade: excellent;) the ex factory quotation is 9600 yuan / ton, which is 300 yuan / ton higher than that on September 30. At present, the demand atmosphere in the downstream of the n-propanol market is general, the market is slightly weak, the manufacturer’s production is tight, and the quotation is stable, medium and small. Shandong fengcang Chemical Co., Ltd. sells n-propanol (content ≥%): 99.5; grade: superior; barreled) with the reference price of 10500 yuan / ton, which is basically the same as the price in September. Recently, the market of imported n-propanol is basically stable, and the reference price of individual traders has been increased by 500 yuan / ton. As of October 30, the reference price of imported n-propanol market is around 10600-11600 yuan / ton (barreled: 165kg). Due to the different requirements of the merchants for profits, the price difference is large, and the price is only for reference.

Industry chain: at present, the market price of propylene oxide, the upstream product of n-propanol, is in a declining state. The inventory pressure of propylene oxide plant is not large, the procurement enthusiasm of the downstream polyether is general, and the market supply and demand are basically balanced. On October 30, the cash delivery price of Shandong mainstream market of Wanhua Chemical Co., Ltd. was 9900 yuan / ton, and that of East China mainstream market was 10200 yuan / ton. At present, the main quotation of propylene oxide Market in East China is around 9900 yuan / ton, which is delivered by cash; the main quotation of propylene oxide Market in Shandong is around 9650 yuan / ton, which is delivered by cash; the main quotation of propylene oxide Market in South China is around 9700 yuan / ton, which is delivered by cash.

III. future forecast

According to the prediction of the business agency, it is expected that the overall price fluctuation of n-propanol market in November will not be too large due to the impact of downstream demand, and the stable consolidation and operation will be the main factor.