I. price trend

According to the data monitoring of the business agency, as of December 17, 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.

II. Market analysis

Products: since December, the domestic n-propanol market has been in stable operation as a whole. The market is weak and the demand is general. There are more long-term contract users for self use or co supply. At present, there are fewer production enterprises in China’s n-propanol industry, and there are two kinds of production processes. Nanjing Noor Chemical Co., Ltd. and Nanjing Rongxin Chemical Co., Ltd. adopt the ethylene process and Changchun Chemical Co., Ltd Jin) Co., Ltd. adopts the by-product method of isopropanol (2-propanol). As of December 17, the operating rate of some manufacturers in Nanjing is normal, the production unit of n-propanol in Nanjing Rongxin Chemical Co., Ltd. is in normal operation, and the ex factory quotation of n-propanol is stable at 9100 yuan / ton (tax included); the quotation of local dealers is also not very volatile, and the domestic n-propanol sold by Shandong fengcang Chemical Co., Ltd. is reported to the outside world The price is 10500 yuan / ton (including tax barrels); the price of domestic n-propanol sold by Ningbo Haorui Supply Chain Management Co., Ltd. is 10600 yuan / ton (including tax barrels).

Industry chain: on December 16, the market of propylene oxide, the upstream product of n-propanol, fell. Epichlorohydrin manufacturers have resumed load one after another, the supply has increased, the downstream demand is light, and they are more cautious to wait and see. The manufacturers are mainly active in shipment, and the focus of epichlorohydrin negotiation has been lowered. On the 16th, the cash delivery price in Shandong mainstream market of Wanhua chemical was 10300 yuan / ton, and that in East China mainstream market was 10600 yuan / ton. At present, the main quotation of propylene oxide Market in East China is around 10200 yuan / ton, which is delivered by cash; the main quotation of propylene oxide Market in Shandong is around 10050 yuan / ton, which is delivered by cash; the main quotation of propylene oxide Market in South China is around 10000 yuan / ton, which is delivered by cash.

III. future forecast

According to the prediction of business agency: the demand of n-propanol market in China has not changed greatly, so the fluctuation of upstream and downstream industries is not big, and it is expected that the n-propanol market will remain stable in the short term.