According to the monitoring data of business society, as of May 31, the average price of n-butanol in Shandong Province was 14066 yuan / ton. Compared with the price of 1 may (the average price of n-butanol reference is 13000 yuan / ton), the average price increased by 1066 yuan / T, an increase of 8.21% in a month.

Butanol rose more than 24% in early May

After labor festival in early May, the domestic market of n-butanol rose sharply, mainly due to the maintenance of n-butanol unit, the overall plant operating rate is low, and the demand of users of butyl acrylate in the downstream is stable to support n-butanol. The spot supply of n-butanol is tight, and the market has seen a shortage of supply. Therefore, the price of the factory offer rose 19.54% on the third day after the saving. After that, the market has not stopped rising, and the price keeps approaching the high end. As of the 15th, according to the monitoring data of business society, the average ex factory price of n-butanol has risen to 16166 yuan / T, which is more than 24% in half month compared with the beginning of the month.

Downstream start-up reduces the transmission of n-butanol hindered, and the market of n-butanol gradually falls back in late May

In late May, the high price of n-butanol brought great cost pressure to the downstream. The downstream started to decrease gradually, and the downstream production reduction increased, and the transmission of n-butanol was blocked. Starting on 17, the domestic market price of n-butanol fell sharply for a week. On 22, the average price of n-butanol dropped to 14033 yuan / ton. In 5 days, the drop of n-butanol reached 13.02%, The butanol market experienced a sharp fall after a big rise. Near the last week of the end of the month, the main n-butanol plant transaction increment, the downstream procurement atmosphere improved. On 24, the market price of n-butanol rose slightly, the market supply was tight, the market was slightly volatile to the end of the month. As of 31, the average price of domestic n-butanol factory was 14066 yuan / T, up 1066 yuan / T compared with the beginning of May, with a monthly increase of 8.21%.

Upstream, according to the data of the large list of business agencies, domestic propylene (Shandong) market prices continued to rise this month and fell. The price at the beginning of the month is 8055 yuan / ton, the month end is the monthly low price, 7781 yuan / ton, and the monthly decline is 3.40%; May 13 is the monthly high price, 8378 yuan / ton, with a monthly amplitude of 7.13%. The domestic medical history market continued to stabilize in the first two days of May 1, and the price remained stable from 3 to 7 days, while the price remained stable again after the price rose slightly on the 13th. On the 17th, the price of 50 yuan / ton decreased, and on 19 and 20 days, it decreased by about 100 yuan / ton. From 23, the price of propylene rose by 50 yuan / ton per day, and the price continued to stabilize on 25 days, The price of manufacturers began to decline continuously from July 27, falling 50-100 yuan / ton per day. At the end of the month, the market transaction reached 7670-8250 yuan / ton, and the mainstream price was about 7750 yuan / ton. There is not much stock in the market, and some equipment maintenance is still not finished, and no external quotation is temporarily made. At the end of the month, the price of propylene fell significantly. Domestic propylene (Shandong) market prices have tumbled after a continuous rise this month, according to data from the business agency’s bulk list. The price at the beginning of the month is 8055 yuan / ton, the month end is the monthly low price, 7781 yuan / ton, and the monthly decline is 3.40%; May 13 is the monthly high price, 8378 yuan / ton, with a monthly amplitude of 7.13%.

Supply reduction, trading and investment to good short-term n-butanol market is expected to increase

At present, it is reported that some n-butanol units are delayed to start and the supply in the site is reduced. If the downstream normal replenishment is normal, the trading climate is still acceptable. The analysts of n-butanol of the business society believe that the market of domestic n-butanol is expected to stabilize and increase in the short term.