The price of n-butanol has risen rapidly, with an increase of more than 24% after the festival

According to the monitoring data of business society, as of May 14, the average price of n-butanol in Shandong Province was 16166 yuan / ton. Compared with the price of May 5 (the average price of n-butanol reference is 13000 yuan / ton), the average price increased by 3166 yuan / T, and the increase was 24.36% after the saving.

Spot tension just need to support the n-butanol after saving the market rose by more than 24 percent

After May 1 Labor Day, the domestic market of n-butanol rose sharply, with a total increase of 19.54% in the first three days after the festival. Then the market continued to keep steadily upward, and the low-end price of the market continued to rise. As of the 14th, the Post-Saving n-butanol market has increased by 24.36% compared with the pre-saving price.

The reason for the sharp increase in the market price of n-butanol is mainly due to the maintenance of the n-butanol unit after saving. The overall operating rate of the plant is low. The downstream butyl acrylate users just need to purchase raw materials, and the demand is stable to support n-butanol upward. The spot supply of n-butanol is tight, and the market has been in a situation of supply and demand. Therefore, the price of the quotation of the factory rose all the way, and the price of the plant rose in the first three days, June, July and August, The market price of n-butanol in Shandong Province rose to 14700-16000 yuan / ton, which was up 1700-3000 yuan / ton compared with that before the festival. Then in the next week, the price difference in the n-butanol market decreased continuously, and the low-end price continued to rise. On the 10th, the factory price of n-butanol in lihuayi, Shandong Province, was increased to 16000 yuan / ton, up 1300 yuan / ton compared with the previous working day, and the overall quotation of n-butanol in Shandong Province was around 16000 yuan / ton. 12. On the 13th, the normal butanol market in Shandong Province remained in high position and stable operation. The price of individual factories continued to increase slightly, with an increase of 200-300 yuan / ton. As of the 14th day, the ex factory price of n-butanol in Shandong Province was about 16000-16300 yuan / ton, and the average price was 16166 yuan / T. compared with the pre-festival price, the average price has increased by 3166 yuan / T, and the total increase after the saving reached 24.36%

Upstream, on May 13, the propylene market price in Shandong Province rose slightly. According to the price chart of business agency, the propylene price in Shandong Province rose continuously in the first ten days in April, and the price in the second ten days fell sharply, and remained stable at the end of the month. The first two days of May 1 period continued to stabilize. From March to 7th, the price was about 50 yuan / ton upward every day. The price remained stable since September 9. Today, the price rose by about 50 yuan / ton. The current market transaction is between 8330-8450 yuan / ton, and the mainstream price is about 8350 yuan / ton. On May 12, the prices of propylene in the United States and Asia were stable, and their impact on the propylene market was limited. There is no pressure on the stock of propylene market, some units are still under maintenance, and the supply is slightly tight, and some enterprises suspend quotation.

In the short term, the market of n-butanol will be kept in a tight situation, and the market will be put into operation at high level

At present, the spot supply of n-butanol is still tight, but the market price almost touches the ceiling, and the downstream is more and more optimistic about high price. The purchasing is calm compared with the previous days. The driving force of the continuous rise of n-butanol is slightly insufficient, but it is still necessary for the plant to resume work, and the market of n-butanol will continue to be tense in the short term. Therefore, analysts of normal butanol of business agency believe that in the short term, the domestic normal butanol market will generally operate at high level.

http://www.lubonchem.com/

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