According to the price monitoring data of business agency, as of August 23, the average reference price of domestic n-propanol was 7400 yuan / ton, which was basically the same as the price on August 16. Compared with the price on August 1 (the average reference price of n-propanol was 7100 yuan / ton), the average price increased by 300 yuan / ton, or 4.23%.
Recently, the domestic n-propanol market has been stable, with overall stable consolidation and operation. At present, the n-propanol plant is under normal operation, the contract user orders are mainly, the downstream just needs to be purchased, and the overall trading atmosphere of the market is acceptable. At present, the trend of the secondary market of n-propanol is mostly wait-and-see, and the adjustment is made within the range with reference to the prices of large manufacturers. Because the dealers and traders have reservations about the prices, it is difficult to monitor the commodity prices. The specific prices are negotiated on the basis of actual documents. In addition, the quotations in each region are also different, and the prices are for reference only. At present, as of August 23, the ex factory price of n-propanol in Shandong is around 6700-7000 yuan / ton, and that in Nanjing is around 8000-8500 yuan / ton. According to the monitoring data of business agency, the average reference price of domestic n-propanol is 7400 yuan / ton, which is basically the same as that a week ago, up 4.23% compared with the price at the beginning of the month.
In terms of upstream ethylene, the recent external ethylene market showed a downward trend. On August 20, the European ethylene market quoted FD northwest Europe at US $1194-1205 / ton, down US $100 / ton, and CIF northwest Europe at US $1130-1138 / ton, down US $37 / ton. On August 20, in the US ethylene market, FD US Gulf quoted us $840-858 / ton, up US $5 / ton. Recently, the US ethylene market has risen and the demand is general. On August 20, according to the Asian ethylene market, CFR Northeast Asia quoted us $926-936 / ton and CFR Southeast Asia quoted us $956-966 / ton, down US $5 / ton. Recently, ethylene prices in Asia have mainly fallen.
Forecast of future trend of n-propanol
| POLYVINYL ALCOHOL |
At present, the demand of downstream users of n-propanol is relatively stable, the demand side changes little in the short term, and the domestic factories start normally. Therefore, the analysts of business agency n-propanol believe that in the later stage, the market of n-propanol continues to operate stably, which does not rule out that individual shippers adjust their prices narrowly according to their own inventory.