According to the price monitoring data of business agency, as of October 21, the reference average price of domestic n-propanol including packaging in mainstream areas was around 11434 yuan / ton, which was increased by 67 yuan / ton or 0.59% compared with October 1.

At present, the domestic market of n-propanol is stable in many regions. Dealers in some regions adjust the ex factory price of n-propanol in a narrow range, and the adjustment range is around 100-300 yuan / ton. The market is characterized by “big stability and small movement”. At present, the downstream demand is normal, and the purchase of rigid demand is dominated, and large order transactions are limited. The domestic trade of n-propanol mainly supplied contract users, the inventory remained tight, and the factory sales pressure was small, which supported the high-level quotation of n-propanol. As of the 21st, the reference price of n-propanol bulk water in Shandong was 10500-10800 yuan / ton, and the mainstream offer price including packaging was about 11300-115000 yuan / ton, with little adjustment. In Nanjing Rongxin Chemical Co., Ltd., the production unit of n-propanol started normally and shipped normally. The ex factory price of n-propanol bulk water is 10000 yuan / T.

In terms of raw materials, after the double festival, the external price of ethylene showed an overall upward trend. The average price of ethylene on the 8th day was 757.75 USD / T, and the 15th day was 773.00 USD / T, up 2.01%. The price rose by 5.17% month on month, and the price decreased by 11.91% year on year. In the past two days, the external price of ethylene has been up and down. As of the 20th day, the price of ethylene market in Europe has been both up and down. FD northwest Europe quoted 710-723 US dollars / ton, down 1 US dollars / ton; CIF northwest Europe quoted 701-710 US dollars / ton, up 1 US dollars / ton. The recent market demand is the same. The Asian ethylene market is mainly stable, CFR Northeast Asia quoted 835-845 US dollars / ton, CFR Southeast Asia quoted 810-820 US dollars / ton. In the rise of American ethylene market, FD US Gulf quoted 490-502 US dollars / ton, up 11 US dollars / ton. The recent US ethylene market is mainly up, and the demand is fair.

Internationally, on October 20, the U.S. WTI crude oil futures market prices rose, with the settlement price of main contracts at $41.70/barrel, up $0.64. Brent crude oil futures market prices rose, with the settlement price of main contracts at $43.16/barrel, up $0.54. International oil prices rose by more than 1% on Tuesday, mainly due to market expectations that a new US stimulus policy for the epidemic is close to being reached. However, the surge in the number of new cases of the global epidemic has slowed down the recovery expectations of most economies, and the increase in Libya’s oil production has limited the room for oil prices to rise.

The price fluctuation is limited after n-propanol is put into operation

At present, the downstream procurement of n-propanol in China is normal. Under the support of raw materials, the price fluctuation of n-propanol is limited. In addition, most of the demand customers are contracted relatively stable. Therefore, the analysts of n-propanol from the business agency believe that the domestic n-propanol market will still maintain a high and stable operation in the short term, and more attention should be paid to the cost of raw materials and the supply of goods in the future.