According to the monitoring data of business agency, as of August 11, the average ex factory price of domestic n-butanol was 5666.67 yuan / ton, which was increased by 166.67 yuan / ton or 2.92% compared with the beginning of August (August 1). Compared with the price on July 1, it decreased by 333 yuan / ton, or 5.97%. From July 1 to August 11, the maximum amplitude of n-butanol was – 8.33%.
| PVA 1799 (PVA BF17) |
In July, the domestic n-butanol market fell by 8.33%
In July, the overall domestic n-butanol market fell significantly. In the first ten days of July, due to the delay in the maintenance of some n-butanol units, the supply of n-butanol increased in the short term. In addition, the downstream purchasing enthusiasm was not high and the shipment was slow. Since the middle of July, the n-butanol market quotations of most factories fell collectively, with a decline range of 200-400 yuan / ton. As of July 17, the average ex factory price of domestic n-butanol had dropped to 5566 yuan / ton. After a week of stable operation of the market, the cost support of n-butanol was enhanced, and the downstream procurement was positively improved. Starting from the 23rd, the transaction center of n-butanol rose slightly. At the end of the month, affected by the increase of imports from East China, the mentality of the secondary market of n-butanol was depressed, and the transaction price went down again. Under the support of cost, the downward space was limited, which was around 100-200 yuan / ton. As of July 31, the average price of domestic n-butanol was reduced by 500 yuan / ton compared with the beginning of July, with a decrease of 8.33%.
The market of n-butanol rose steadily in the first ten days of August
In August, n-butanol market bottomed up steadily. On the first two days of the month, the domestic n-butanol market was mainly stable. With the high price of propylene as raw material to support the cost of n-butanol manufacturers, together with the low inventory of manufacturers, downstream just needed to purchase and replenish. From March 3, the quotation of n-butanol in many regions was stable and upward, the downstream operating load was high, and the market trading atmosphere turned better. The n-butanol market gradually went up, and manufacturers mainly delivered contract orders until August 11 On August 1, the reference average price of domestic n-butanol factory quotation was 5666.67 yuan / ton, which was increased by 166.67 yuan / ton or 2.92% compared with the beginning of August (August 1). At present, the ex factory price of n-butanol from Wanhua Chemical Co., Ltd. in North China is 5800 yuan / ton, up 100 yuan / ton compared with last week; the ex factory quotation of n-butanol of Luxi Chemical Co., Ltd. is 5700 yuan / ton, up 300 yuan / ton compared with the beginning of August.
The current market price of n-butanol in some regions of China is attached (data for reference only, unit: yuan / ton)
Product Name: up / down 8 / 1 / 8 / 11
N-butanol in East China 5700-5750 5800-5900 + 100 / + 150
South China 5800-6000 6000-6200 + 200 / + 200
North China + 5800-5600 + 5600
5400-5600 5500-5700 + 100 / + 100 in Northeast China
| PVA |
On the upstream side, on August 10, the propylene market price in Shandong still rose. According to the price chart of the business agency, the recent price of propylene fluctuates periodically, with a relatively stable price range. At the beginning of August, the price was at a high level in the range. Since the end of the week, the price of some enterprises has been slightly down. On the 5th, it has been stable. On the 6th, it began to move upward. Some enterprises have continued to rise. The market transaction has reached 7000-7250 yuan / ton, and the mainstream price is about 7000 yuan / ton. Propylene manufacturers to ship smoothly, low inventory.
Cost support market for better, n-butanol future market or will continue to rise
At present, the inventory of n-butanol manufacturers is low, and the overall downstream market procurement is picking up, and the market is good. The raw material propylene is running at a high level, and the cost support is strong. Therefore, it is expected that the domestic n-butanol market will continue to rise in the future.
| POLYVINYL ALCOHOL |