According to the monitoring data of business agency, as of April 26, the average ex factory price of n-butanol in Shandong was 9433 yuan / ton. Compared with the price on April 1 (the average reference price of n-butanol was 9566 yuan / ton), the price was reduced by 133 yuan / ton, a decrease of 1.39%.

It can be seen from the data monitoring chart of business agency that in April, the domestic n-butanol market in Shandong showed a wide fluctuation trend of rise and fall. In early April, after the end of the Qingming Festival, the trading atmosphere of the domestic n-butanol market in Shandong was general, and the inventory of some n-butanol factories accumulated. Under the supply pressure, the factory reduced the ex factory price of n-butanol for three consecutive days on June, July and August, with a cumulative reduction range of 200-300 yuan / ton. On August 8, the ex factory price of n-butanol in Shandong was near 9300-9600 yuan / ton. Subsequently, the market was temporarily consolidated and put into operation. On the 11th, the domestic n-butanol market in Shandong province welcomed a short upward movement, the low-end price transaction atmosphere improved, and the confidence of operators was slightly boosted. Some factories slightly increased the ex factory price of n-butanol by about 100 yuan / ton. However, due to the logistics restrictions in some domestic regions, the support of downstream demand was significantly loose. On the 14th and 15th, some factories in Shandong reduced the ex factory price of n-butanol, The reduction range is 200 yuan / ton. As of April 15, the ex factory price of n-butanol in Shandong is around 9200-9400 yuan / ton, and the overall decline of the market during the week is 0.36%.

In late April, from the 18th, the domestic n-butanol market in Shandong ushered in a continuous upward movement. The trading atmosphere of n-butanol improved, and the downstream ushered in phased goods preparation. The low-end price transaction was good. N-butanol factories in Shandong generally raised the ex factory price of n-butanol. By the 23rd, the ex factory price of n-butanol in Shandong was around 9700-9800 yuan / ton, with a cumulative increase of 4.68% on the 6th. Due to the influence of logistics factors near the holiday, some downstream units started to operate at low load and the raw material preparation was also slow. From the 24th, some n-butanol factories started to sell goods at a profit, and the ex factory price of n-butanol was reduced by about 200 yuan / ton. The center of gravity of n-butanol began to decline as a whole. As of the 26th, the ex factory price of n-butanol in Shandong was around 9300-9400 yuan / ton, a decrease of 3.78% in three days. At present, the overall trading atmosphere in the n-butanol field is still general, and the downstream demand is mostly on the sidelines.

In terms of upstream propylene, recently, the domestic propylene market in Shandong has been running downward as a whole. According to the monitoring data of business agency, the reference price of propylene was 8386.60 yuan / ton on April 25, up 2.27% compared with April 1 (8200.80 yuan / ton).

Future analysis of n-butanol

At present, due to the limited factors of logistics and transportation, the overall supply and demand circulation of n-butanol in the field is still slow, and the downstream users are cautious about the spot purchase of raw materials. The n-butanol datagrapher of business society believes that in the short term, the domestic n-butanol market in Shandong is mostly weak, and the consolidation operation is the main. The specific trend needs to pay more attention to the changes of supply and demand.