1、 Price trend

According to the data of business agency, on February 17, the average price of n-propanol was 10133 yuan / ton, a decrease of 667 yuan / ton, or 4.40%, compared with a week ago (February 10).

2、 Market analysis

Product: at present, the market of n-propanol is weak and the trading is flat. Influenced by the logistics and transportation, the downstream demand is very low, and there are few transactions. On February 17, the market quotation of n-propanol in Shandong was lowered, and the ex factory price in Shandong is around 9500-10000 yuan / ton (specification: barrel) Zibo area), the price of bulk water is low, the reference is around 8900-9100 yuan / ton, and the ex factory quotation of Shandong fengcang chemical n-propanol is 9500 yuan / ton (specification: barreled Shandong Zibo). The market quotation of imported n-propanol is stable, with reference to 10800-11600 yuan / ton barrel (Taiwan). Zhangjiagang Free Trade Zone Yexing Chemical Trade Co., Ltd. offers 10600 yuan / ton of n-propanol (barreled / Dalian, Taiwan) Shanghai Yilian Chemical Co., Ltd. offers 11600 yuan / ton of n-propanol (barreled / Dalian, Taiwan); Ningbo Haorui Chemical Co., Ltd. offers 9500 yuan / ton of n-propanol (standard: barreled In Zibo, Shandong Province), part of the stocks of n-propanol traders have high quotations, and dealers all over the country still reserve the prices. The price is not easy to monitor, which may lead to specific negotiation situations or differences. Each region also has differences, and the actual single negotiation is the main one.

Industrial chain: on February 17, the market price of propylene in Shandong picked up. During the Spring Festival, the international crude oil market continued to decline sharply, and recently recovered slightly. The domestic propylene price also fell for many times, with more than a drop. Since February, the price of propylene in Shandong Province has been declining all the way. On November 11, the price of some enterprises recovered slightly and then declined. In the following days, the price fluctuated. Today, the price has been generally reversed. At present, the market turnover is about 5800-6200 yuan / ton, and the mainstream price is 5850-6000 yuan / ton. There are still many units in the upstream and downstream industries that have been shut down for maintenance, but the terminal manufacturers have started to return to work one after another, the logistics and transportation have also recovered, and the demand for propylene has increased slightly. On the other hand, the market price of crude oil has continued to rise slightly, which also has a supporting effect on propylene, so it is expected that the market price of propylene will rise slightly in recent days.

Industry: n-propanol is the main raw material for the production of green food printing ink n-Propyl Acetate. It is also the main raw material for the pesticide raw materials n-propylamine, di-propylamine, cleaning agent bromopropane and glycol monopropyl ether. N-propanol is also an excellent solvent, which can be used as a special solvent for aniline printing ink, especially for polyolefin and polyamide film printing. In addition, it can also be used as a solvent for Carboxymethylation of cellulose, a gelling agent and a plasticizer for cellulose acetate.

3、 Future forecast

According to the analysts, the domestic market of n-propanol is expected to be stable in recent days after the current shock and downturn. The future market will wait for the change of raw material price and shipment.