According to the monitoring data of business agency, as of September 9, the average ex factory price of n-butanol in Shandong was 15666 yuan / ton. Compared with the price on September 5 (the reference average price of n-butanol was 14900 yuan / ton), the average price was reduced by 766 yuan / ton, an increase of 4.89%.

Last week, the market of n-butanol in Shandong rose, and the high-end price exceeded 16000 yuan / ton.

This week, on the 6th and 7th of the week, the domestic n-butanol market in Shandong went down, the high-end price decreased greatly, and the difference between high and low prices narrowed. The ex factory price of n-butanol in Shandong fell to around 15300-15600 yuan / ton. There were few new orders in the n-butanol spot market, mainly low-end, and more contracts were executed downstream. The overall trading atmosphere in the market was general, and the mentality of the operators was weak, 8. On the 9th, the market trend of n-butanol continued to decline, with a downward range of 100-500 yuan / ton. As of the 9th, the ex factory price of n-butanol in Shandong was reference 14700-15000 yuan / ton. Compared with the beginning of the week, it was reduced by 500-700 yuan / ton, a decrease of 4.89% during the week.

In terms of upstream propylene oxide, the price of propylene oxide in domestic Shandong continued to rise steadily this week. According to the monitoring data of business agency, as of September 9, the reference price of propylene oxide in domestic Shandong was 16400 yuan / ton. Compared with the price on September 6 (the reference price of propylene oxide was 16133 yuan / ton), the average price increased by 267 yuan / ton, an increase of 1.65% during the week.

Future analysis of n-butanol

At present, the trading atmosphere of the domestic n-butanol market in Shandong is weak, and the high price of n-butanol decreased significantly this week. At present, the difference between high and low prices in the market is small, there are many downstream companies that need replenishment, and the operating rate is still low. The operators are in a strong wait-and-see mood. According to the n-butanol analysts of business society, the overall weak consolidation operation of the domestic n-butanol market in Shandong is expected to be dominated in the short term.