1、 Price trend

According to the data monitoring of the business agency, as of December 20, the domestic market price of n-propanol remained stable. At present, the main quotation of domestic n-propanol is around 9100-11400 yuan / ton, and the price is basically unchanged compared with that at the beginning of the month.

2、 Market analysis

Product: this week, the overall trend of domestic n-propanol market is relatively stable, and the manufacturer’s operating rate is normal. N-propanol is a widely used chemical product, which can be directly used as a solvent, can also be used for the synthesis of propyl acetate and then used as a solvent, can also be used for the synthesis of n-propylamine, di-propylamine and other agricultural fields, or for the synthesis of various esters in food additives, plasticizers, spices and many other fields On the one hand, it is widely used in coatings, paints, adhesives, cosmetics, plastics and fungicides. It is also an important raw material in many fields, such as food additives, feed additives, synthetic spices, cleaners, preservatives and brake oil. In addition, n-propanol has a very important use in the field of pharmaceutical intermediates. On December 21, the average price of barreled n n-propanol in Taiwan was around 11500-12000 yuan / ton. Shanghai Yilian Chemical Co., Ltd. offered 11600 yuan / ton of n-propanol for outbound (barreled / Dalian, Taiwan); Zhangjiagang Free Trade Zone Yixing Chemical Trade Co., Ltd. offered 10600 yuan / ton of n-propanol for outbound (barreled / tax included). Dealers all over the country still reserve the price. The price is not easy to monitor, leading to specific negotiations or differences. There are also differences in each region. The actual single negotiation is the main part, and the future market will wait for the change of raw material price and delivery.

Industry chain: the ethylene market is up and down this week. By the end of July 17, the U.S. ethylene market had declined, with FD’s U.S. Gulf quotation of $336-348 / ton, down $16 / ton; the European ethylene market had risen, with FD’s northwest Europe quotation of $852-865 / ton, CIF northwest Europe quotation of $769-778 / ton, up $1 / ton; the Asian ethylene market had risen, with CFR Northeast Asia quotation of $728-734 / ton, up $20 / ton, and CFR Southeast Asia quotation of $678-684 Yuan / ton.

3、 Future forecast

According to the prediction of the business agency: at the end of the year, the market of n-propanol has entered the off-season, and the manufacturer is expected to maintain the stability of the market. It is expected that the market will maintain the stability in the near future, or will fluctuate slightly.