According to the monitoring data of the business agency, as of July 17, the average ex factory price of domestic n-butanol was 5566 yuan / ton. Compared with the end of last week (July 12), the average price of domestic n-butanol decreased by 400 yuan / ton, or 6.70%. Compared with the beginning and end of this month (July 1), the price dropped by 433 yuan / ton, or 7.22%.
This week, China’s domestic n-butanol market fell significantly. On Monday (13th), due to the delay in the overhaul of some n-butanol units, the supply of n-butanol increased in the short term, and the downstream purchasing enthusiasm was not high in the two days last weekend, and the shipment was slow. The n-butanol market of most factories fell collectively. On the 13th, the reference average price of n-butanol market was 5783.33 yuan / ton, down 183.34 yuan / ton, or 3.07%, compared with last weekend (July 10). After the price fell, the market demand did not improve significantly, and it was still weak. With the increasing supply, the downstream wait-and-see sentiment was strong, and purchasing on demand was the main factor. The manufacturers mostly adjusted the ex factory price of n-butanol according to the market situation, and the price of n-butanol continued to decline in this week. As of Friday (17th), the average ex factory price of domestic n-butanol has dropped to 5566 yuan / ton, down 400 yuan / ton, or 6.70%, compared with last Friday (July 12). Among them, Wanhua chemical’s ex factory quotation of n-butanol in North China is 5600 yuan / ton, which is 400 yuan / ton or 6.66% lower than last Friday (July 12); Shandong lihuayi’s ex factory price of n-butanol is 5500 yuan / ton, compared with last Friday (July 12) Compared with Friday (July 12), the price of n-butanol from Luxi Chemical Co., Ltd. dropped by 400 yuan / T, or 6.77%; the ex factory quotation of n-butanol of Luxi Chemical Co., Ltd. was 5700 yuan / T, which was 300 yuan / T, or 5.0% lower than that of last Friday (July 12).
The current market price of n-butanol in some regions of China is attached (data for reference only, unit: yuan / ton)
| PVA |
Product Name: up / down on 7 / 13 / 7 / 17
N-butanol-5900-5950-5800-5850 – 100 / – 100 in East China
South China Region – 6200-6300-6000-6200 – 200 / – 100
North China – 5750-5850-5500-5700 – 250 / – 150
Northeast China – 5750-5850 – 5700 – 5800 – 50 / – 50
On the upstream side, the overall domestic propylene market continued to decline this week. According to the price chart of the business agency, the propylene price fluctuated periodically in recent years, with a relatively stable price range. Since the beginning of July, the price has been continuously reduced by 200-250 yuan / ton. From June 6 to 9, the price has been adjusted back by about 250 yuan / ton. On October 10 and 11, the price was roughly flat. The price started to decline twice on the 12th, and fell again by about 50 yuan / ton on the 16th. Now, the total price has dropped by 150-200 yuan / ton. The market transaction is between 6670 yuan / ton and 7000 yuan / ton, and the mainstream price is about 6700 yuan / ton. There is a certain pressure on propylene manufacturers to ship.
On the downstream side, this week, the domestic butyl acrylate market is weak and plummeting, the price center is continuously falling, the downstream demand is very little, the market inquiry is cold, and the market transaction situation is not good. The price of raw material n-butanol went down, and the cost pressure was relieved.
At present, the market price of n-butanol has fallen to the cost price, and the factory is keen to stabilize the price. Although the market of raw material propylene declines as a whole, the downward speed slows down and the overall trend tends to stabilize operation, which gives some support to n-butanol. In addition, it is heard that the raw material inventory of n-butanol as downstream butyl acrylate is gradually exhausted, and the downstream may usher in a small amount of stock. Therefore, it is expected that the domestic market will be in a positive position in the future Butanol market has a trend of stabilizing or slightly rising.
| POLYVINYL ALCOHOL |