According to the monitoring data of the business agency, as of August 21, the average ex factory price of domestic n-butanol was 5716.67 yuan / ton. Compared with August 15, the average price of domestic n-butanol decreased by 15 yuan / ton, or 0.29%; compared with August 1, the average price of domestic n-butanol increased by 216 yuan / ton, or 3.94%.

Weak stable consolidation operation of n-butanol this week

At the beginning of the week, the price of n-butanol in China was slightly lower than that of other factories in Shandong Province, with a reduction range of 50-100 yuan / ton. Then, the market of n-butanol was supported by the high level of raw material propylene, and the cost pressure was great. The factory offer was low, and the price was mainly maintained. At present, the downstream demand has weakened, the transaction is general, and the new single negotiation is limited. As of August 21, the ex warehouse price of n-butanol in East China is 5800-5850 yuan / ton, which is 50 yuan / ton lower than last week; that of South China is 6050-6100 yuan / ton, stable compared with last week; and that of North China is 5650-5750 yuan / ton, which is stable compared with last week.

The current market price of n-butanol in some regions of China is attached (data for reference only, unit: yuan / ton)

Product name up and down on 8 / 14 / 8 / 21

N-butanol in East China 5900 5850 – 50

South China 6100 6100

5700 57000 in North China

5700 57000 in Northeast China

Upstream, on August 21, the market price of propylene in Shandong remained stable. According to the price chart of business agency, the recent price of propylene fluctuates periodically, and the price range of recent fluctuation has broken through. At the beginning of August, the price was at the high level in the range. Since the end of the week, the price of some enterprises has been slightly up and down. On the 5th, it has been stable. From 6th to 10th, the first round of rising trend of breaking through the range of this month will be started. On the 11th, the prices of some enterprises will be generally stable. On the 14th, the prices of some enterprises will continue to decline. On the 17th, the prices will be stable, and on the 18th, they will rise partially Today’s price is flat again. The market transaction is still between 6950 yuan / ton and 7250 yuan / ton, and the mainstream price is about 6950 yuan / ton. Propylene manufacturers to ship smoothly, inventory pressure is small.

The market of n-butanol will be lower after the cold negotiation atmosphere in downstream

At present, the unit operating rate of the downstream plants of n-butanol in China is low, the purchase intention of butyl ester users is weak, the cycle is prolonged, the price is obviously depressed, the market negotiation is deadlocked, the active atmosphere is reduced, and the wait-and-see is the main factor. Therefore, at the end of August, the n-butanol market or current shipping pressure, under the accumulated inventory, the factory offer or is slightly lower.