Price adjustment limited, n-propanol market stable operation

According to the price monitoring data of the business agency, as of November 19, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11466 yuan / ton, which was 67 yuan / ton lower or 0.58% lower than a week ago; compared with November 1 (the average price was 11266 yuan), the average price was increased by 267 yuan / ton, or 2.37%.

 

PVA 2088 (PVA BP20)

In the first ten days of this month, driven by the price increase of n-propanol plants in Shandong and Jiangsu, the domestic market of n-propanol rose slightly, with the range of 200-500 yuan / ton. Subsequently, the overall trend of the market was stable. Until the middle of this month, some dealers adjusted the quotation of n-propanol according to their own inventory range, with the adjustment range of 100-200 yuan / ton, and the market of n-propanol fell slightly. At present, the domestic n-propanol market adjustment is limited, mainly stable operation. As of November 19, the ex factory price of n-propanol (bulk water) is around 10500-11000 yuan tons, and that of n-propanol (including package) is around 11200-11800 yuan tons. In Nanjing, the ex factory price of n-propanol (bulk water) is 10300-10500 yuan per ton. According to the price monitoring data of the business agency, the reference average price of domestic n-propanol including packaging in mainstream areas is around 11466 yuan / ton, which is 67 yuan / ton lower or 0.58% lower than a week ago; compared with November 1 (the average price is 11266 yuan), the average price is increased by 267 yuan / ton, or 2.37%.

 

In terms of raw materials, in the European ethylene market on November 18, FD northwest Europe quoted 716-727 USD / T, down 1 USD / T, CIF northwest Europe quoted 708-717 USD / T, down 1 USD / T, the recent market demand is general. In the Asian ethylene market, CFR Northeast Asia quoted 850-860 USD / T, CFR Southeast Asia quoted 785-795 USD / T, up 5 USD / T. It is expected that the price of ethylene in Asia will increase in the near future.

 

Internationally, on November 18, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts rising by US $0.36 to US $42.01/barrel. Brent crude oil futures market prices rose, the main contract settlement price to 44.34 US dollars / barrel, up 0.59 US dollars.

 

Just need to purchase propyl alcohol market stability

 

At present, the demand for domestic n-propanol is normal, and the downstream just needs to purchase. Therefore, the n-propanol Data Engineer of the business club believes that in the short term, the n-propanol market fluctuates in a narrow range, and the overall continuous and stable operation is the main factor. The specific market will also be closely related to the upstream and downstream industrial chain, and the changes in raw materials and demand should be paid attention to.

POLYVINYL ALCOHOL