According to the price monitoring data of business agency, as of December 3, the reference average price of domestic n-propanol including packaging in mainstream areas was 11666 yuan / ton, which was 333 yuan / ton, or 3.55%, compared with November 30 (average price of 11333 yuan / ton); compared with November 1 (average price of 11266 yuan / ton), the average price was increased by 400 yuan / ton, or 3.55%.

Inventory low-level n-propanol “market rises again” at the beginning of the month

In December, the overall inventory of domestic n-propanol market was low, and the factory spot was tight, and the on-site spot stock was basically in the secondary market. At the beginning of the month, some n-propanol holders in Shandong began to increase the ex factory quotation of n-propanol by 300-500 yuan / T. at present, the reference ex factory price of n-propanol bulk water in Shandong is 10800-11000 yuan / ton, including the factory price of 11600-11 800 yuan / ton. The ex factory price of n-propanol bulk water of Shandong fengcang Chemical Co., Ltd. was 10900 yuan / ton, up 500 yuan / ton compared with the end of November. Nanjing: the ex factory price of n-propanol (bulk water) is around 10500-10800 yuan tons. Domestic Nanjing Rongxin Chemical Co., Ltd. (Nanjing Wujiang Chemical Co., Ltd.), n-propanol production unit started normally and normally shipped. The ex factory quotation of n-propanol bulk water was 10500 yuan / T, which was the same as the price at the end of November. As of December 3, the reference average price of domestic n-propanol with packaging in mainstream areas was 11666 yuan / ton, which was 333 yuan / ton, or 3.55%, compared with November 30 (average price of 11333 yuan / ton); compared with November 1 (average price of 11266 yuan / ton), average price of domestic n-propanol increased by 400 yuan / ton, or 3.55%.

In terms of raw materials, in December, the overall external market of ethylene continued to rise. On December 1, in the European ethylene market, FD northwest Europe quoted 857-868 US dollars / ton, up 30 US dollars / ton; CIF northwest Europe quoted 856-867 US dollars / ton, up 37 US dollars / ton. The market demand is good in the near future. For the Asian ethylene market, CFR Northeast Asia quoted 980-990 USD / T, CFR Southeast Asia quoted 905-915 USD / T. In the US ethylene market, FD US Gulf quoted us $501-513 / T. recently, the US ethylene market has risen and the demand is fair.

In terms of crude oil, on December 2, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts at $45.28/barrel, up $0.73. Brent crude oil futures market prices rose, with the settlement price of main contracts at $48.25/barrel, up $0.83. Oil prices rose on Wednesday as the approval of a vaccine in the UK boosted hopes for a recovery in fuel demand, and the market generally expected OPEC + to continue at the scale specified in the current production reduction agreement.

The demand support is insufficient, and the finishing of n-propanol is mainly stable

On the first two days of the month, although the price of n-propyl alcohol market was generally raised under the guidance of shipholders, the demand for n-propanol was generally low, and the demand was mainly purchased on demand, and the support for n-propanol demand was limited. In addition, the price change of the factory side was not significant. Therefore, the n-propanol datagrapher of the business society believed that in the short term, the n-propanol market was mainly stable and the operation was dominated.