In retrospect, each round of market decline will be accompanied by a panic intensified expectations, and then share the fundamental current situation of n-butanol market:

1, the social stock is still low. East China before November 20th after arrival, although the import / domestic arrivals reached 20 thousand tons and are huge, but the flow of supply in the 5000-6000 tons, the actual market supply is only 2000 tons; the lower reaches downstream butyl, and butanol butyl butyl centralized parking impeded transmission is closely related to profit. According to the survey found gold LIAN, stop before most of the downstream plant raw material inventory level were n-butanol is significantly lower than the standing stock, some even forced to no dilemma, so the raw materials available, arriving part about goods can only be used as repair of standing stock only, the n-butanol after dropping the butyl factory replenishment imperative.

2, the Shandong area resources mismatch caused panic down. 11 months late Hualu-Hengsheng butanol octanol unit switching production caused by local supply increased, in the northern Hebei haze exacerbate plasticizer enterprises and parking for environmental upgrading, some enterprises are the end of the month to clear inventory demand, although the sales volume is not large, but the enterprises clear inventory pressure! Multiple bad cause Shandong n-butanol round down lead.

Miki two days before the accident, through the monitoring of the market transactions, low volume exchange jumped into the hand. According to incomplete statistics following a joint:

N-butanol turnover

Note: the A, B, C, D for butanol production factories / vendors

By November 24-25 market into the hands and buyer mentality change exchange, n-butanol market mentality gradually stabilized, local enterprises will appear reluctant to sell low-cost, fast changing market expectations in a certain extent also verified the social inventory is low in the short term and rapidly dropping n-butanol is offered the opportunity for just downstream need to enter the market. But in the overall inventory is low in the background, the shorter duration of market hunters.

With the volume of re amplification, taking into account the Miki accident will boost the profitability of butyl industry expectations, negative factors pre distress butanol will appear obvious relief, will boost the butanol stocking downstream enthusiasm will be more obvious.