According to the price monitoring data of business society, as of January 12, 2022, the average reference price of domestic n-propanol was 8466 yuan / ton. Compared with the price on January 9 (the reference average price of n-propanol was 8733 yuan / ton), the average price was reduced by 267 yuan / ton, a decrease of 3.05%. Compared with the price on January 1 (the reference average price of n-propanol was 8883 yuan / ton), the average price was reduced by 417 yuan / ton, a decrease of 4.69%.

This week, the domestic n-propanol market showed a downward trend. The n-propanol plant of Shandong Dachang was put into operation, and the on-site supply of n-propanol increased. Since the end of last week, the domestic n-propanol market has fluctuated. This week, with the increase of on-site supply, the downstream demand of n-propanol is still dominated by rigid demand, and the effective support on the site is insufficient. The market price of Shandong Dachang n-propanol began to decrease gradually at the beginning of this week (10th). At present, as of 12th, The ex factory price of n-propanol in Shandong is around 8000-8300 yuan / ton, the low-end price is 7900 yuan / ton, the market situation of n-propanol in Nanjing is temporarily stable, the ex factory price of n-propanol is around 9000-9200 yuan / ton, and the high-end price is 9500 yuan / ton. At present, the overall trading atmosphere of the propanol market is general, and the downstream demand side is calm. Local dealers still have reservations about the price. The price is not easy to monitor, which may lead to differences in the specific negotiation situation. Each region also has differences. It is mainly based on actual single negotiation, and we will wait and see the change of raw material price and shipment in the future.

In terms of upstream ethylene, on January 11, the Asian ethylene market quoted CFR Northeast Asia at USD 971-981 / ton and CFR Southeast Asia at USD 961-971 / ton. On January 11, according to the European ethylene market, FD northwest Europe quoted us $1564-1575 / ton, up US $2 / ton, and CIF northwest Europe quoted us $1448-1457 / ton, up US $7 / ton. On January 11, in the US ethylene market, FD US Gulf quoted us $915-933 / ton, up US $15 / ton. Recently, the US ethylene market has risen and the demand is general.

Forecast of future trend of n-propanol

At present, as the Spring Festival approaches, the downstream has started to prepare goods one after another, and the downstream demand for n-propanol may rise in stages. Therefore, the analysts of business society think that in the short term, the domestic n-propanol market will stop falling and stabilize, and more attention needs to be paid to the specific changes in supply and demand.