1、 Price trend

According to the price monitoring data of business agency, the overall price of domestic n-propanol market is stable this week, with some traders’ quotations slightly fluctuating. On March 19, according to the average comprehensive quotation of sample enterprises, at present, the reference quotation of domestic n-propanol containing packaging is around 9400-10200 yuan / ton, and the low-end price of bulk water is around 8300-8500 yuan / ton.

2、 Market analysis

Product: this week, the market of n-propanol fluctuated slightly, and the overall trend is still stable temporarily. The upstream cost support surface of n-propanol market is weak, the downstream demand is general, and the market is weak. In the near future, the manufacturers follow the market and make goods, and the quotation is relatively stable. At present, there are many kinds of production processes in domestic n-propanol enterprises. Nanjing Noor new materials and Nanjing Rongxin chemical industry are mainly ethylene process. Nanjing Rongxin Chemical Co., Ltd. has normal operation of n-propanol production plant. The ex factory quotation of n-propanol purified water is 8500 yuan / ton, which is temporarily stable. All dealers of n-propanol offer different prices, but at present the overall price tends to be stable with little fluctuation. In order to stimulate the market, some dealers adjust their prices slightly. At present, the quotation of domestic n-propanol dealers is around 9400-10200 yuan / ton (in barrels); the quotation of imported n-propanol is around 11000-12000 yuan / ton (in barrels). In view of the dealer’s reservation on the price, the price is not easy to monitor, leading to specific negotiations or differences, and there are also differences in each region, with single negotiation as the main part.

Industrial chain: on March 18, the market price of propylene in Shandong still fell. In March, the price of propylene in Shandong began to decline. On the first day, the price of some enterprises picked up slightly. On the second day, the price of the whole line rose slightly. On the third day and the fourth day, the price of most enterprises generally rose. On the fifth day, the price of some enterprises increased by about 50-100 yuan / ton. On the sixth day, the price of enterprises fluctuated up and down, but the range was small. On the tenth day, the price generally fell by 50-100 yuan / ton. On the eleventh day, the price slightly fell by 50 yuan / ton. On the twelfth day, the price of some enterprises rose slightly There was a slight decline of 50-100 yuan / ton, and the price fell by 200-300 yuan / ton on the 13th. On the 16th, the price was stable, and on the 17th and 18th, the price dropped continuously. At present, the market turnover is 5750-6300 yuan / ton, and the mainstream price is 5750-5800 yuan / ton. Influenced by OPEC meeting and various international economic policies, international crude oil rose and fell sharply; prices fell again on the 16th and slightly on the 17th. Due to the low production and inventory before propylene, the decline in the early stage is not significant, and the follow-up trend in the later stage is also obvious. It is expected that the price of propylene in the later stage will be affected by crude oil, or there will be a short-term stable market.

3、 Future forecast

According to the analysts of the business agency, at present, the market of n-propanol is relatively stable, and the subsequent price trend changes need to pay more attention to the price changes of raw materials and the overall delivery situation of the market.