According to the price monitoring data of business agency, as of April 12, the average reference price of domestic n-propanol packaging mainstream areas was around 10000 yuan / T, and the average price was down 1133 yuan / T compared with the price of 11 April (reference price of 11133 yuan / ton), with a daily decline of 10.18%; compared with the price of March 1 (reference price of 10733 yuan / ton), the average price was decreased by 733 yuan / ton, down 6.83%.

Since the beginning of 2012, the domestic market of propanol has been weak and down, and the market is depressed. In mid March, driven by the large increase of the bulk market and the expectation of the industry, the domestic market price of n-propanol finally ushered in a small upward trend, and then the good period was not long. After the price rise, the downstream orders were scarce, and the market of n-propanol was running steadily for a while.

The mentality of hard to work in the cold and clear demand is broken down by more than 10% per day of normal propanol

In April, the domestic market of n-propanol continued to operate in a cold and clean way, with few new orders, a light market investment atmosphere, the demand once dropped to the freezing point, the inventory of n-propanol kept accumulating, the pressure of the industry increased. In addition, in terms of raw materials, the last time the ethylene outside the market was high in April, the cost pressure and demand were cold and the demand was cold and the original was reversed. The psychology of the n-propanol industry collapsed. On December, the market price of n-propanol was significantly higher The price of the products including p-propanol was down by 1133 yuan / ton, with a daily decline of more than 10%.

On December 12, in Shandong market, the ex factory price of n-propanol bulk water was near 8100-9000 yuan / T (bulk water), and the price of package was near 9100 yuan / t-10000 yuan / ton (barrel), and the price was reduced by about 900-1800 yuan / ton compared with that in early April. In Nanjing market, the main price of n-propanol is 8500-9000 yuan / ton (bulk water), and the price is down by 1000-1500 yuan / ton compared with that in early April. At present, after the price has fallen sharply, the trading and investment in the n-propanol market has improved, but there is no large-scale stock up, and the overall market investment has improved.

Nanjing Rongxin Chemical Co., Ltd. (formerly Nanjing Wujiang Chemical Industry), where the start of n-propanol production unit was low, and the output of n-propanol was 8500 yuan / ton (bulk / domestic), down 1500 yuan / ton compared with that in early April. Shandong fengcang Chemical Co., Ltd. offers 8100 yuan / ton (bulk / domestic) for n-propanol, which is down by 11800 yuan / ton compared with the beginning of April. Dealers around the country still have reservations about the price, and the price is not easy to monitor, which leads to specific negotiation or will be different. There are also differences in each region. The actual negotiation is the main. The market will watch the change of raw material price and the delivery situation.

Raw materials, the recent external ethylene market overall trend of concussion consolidation. The Asian ethylene market was stable, with CFR Northeast Asia closing at $1068-1074 / T as of 9, and CFR Southeast Asia at $1013-1019 / T. The price of ethylene market in Europe fell in a volatile manner, as of 9, FD northwest Europe closed at $1249-1260 / T and CIF NW Europe closed at $1224-1235 / T. The price of ethylene in the U.

The short-term market of n-propanol market is not likely to be adjusted significantly, and the low-level stable operation will be maintained

At present, after the market price of n-propanol has declined sharply, the downstream demand has improved, and the mentality of the industry has slightly recovered. Therefore, analysts of n-propanol in business agency believe that the short-term support of the improvement of demand will still support the price of the market after the sharp decline of the market price of n-propanol. Therefore, it is expected that the market market will not be significantly adjusted in the near future, but it is not excluded that in order to stimulate the delivery price in some areas, the negative effect is still small The decline, the specific trend needs to pay more attention to the changes of raw materials and supply and demand end.