According to the monitoring data of business agency, as of February 22, the average ex factory price of n-butanol in Shandong was 10066 yuan / ton. Compared with the price on February 1 (the reference average price of n-butanol was 9366 yuan / ton), the average price increased by 700 yuan / ton, or 7.47%.

It can be seen from the data monitoring chart of the business agency that the domestic n-butanol market in Shandong showed a trend of first rising and then falling in February. During the Spring Festival, the domestic market was stable in early February. On the first day of return after the festival (the 7th), the market of n-butanol in Shandong ushered in a wide rise. The average price of n-butanol in Shandong broke close to 11500 yuan / ton, and the price rose by more than 2000 yuan / ton compared with that before the festival, with a single day increase of 24.20%. Subsequently, on August 8 and 9, the market of n-butanol in Shandong continued to move closer to the high end. On September 9, the average ex factory price of n-butanol in Shandong rose to about 11933 yuan / ton, with an increase of 27.4% in the three days after the festival.

After the n-butanol market rose to a high level, the pace of downstream procurement slowed down, the resistance to high prices gradually rose in the downstream, and the demand support weakened. The n-butanol market in Shandong fell when it was at a high level. From the 10th, the n-butanol market gradually declined. As of the 15th, the ex factory price of n-butanol in Shandong fell to around 10500-10800 yuan / ton, with an average price of 10600 yuan / ton, The half month increase was 13.17%.

In late February, the decline of n-butanol market slowed down, and the overall situation was weak. Until the 21st and 22nd, affected by the insufficient procurement of downstream users of n-butanol, the cold transaction of new orders and the loose demand support, the n-butanol market in Shandong moved down again. On the 22nd, the ex factory price of n-butanol in Shandong fell to about 9900-10300 yuan / ton, and the average price fell to about 10066 yuan / ton, It fell by 5.05% in the second half of the year, and the overall increase in February exceeded 7%. At present, the domestic n-butanol market in Shandong is weak as a whole.

In terms of upstream propylene, in February, the domestic propylene market in Shandong rose first and then fell, showing an overall upward operation. According to the monitoring data of business agency, as of February 21, the reference price of propylene was 7887.33 yuan / ton, up 1.76% compared with February 1 (7750.80 yuan / ton).

Future analysis of n-butanol

At present, the downstream demand of n-butanol is still calm, the support on the demand side is limited, and the confidence of the industry is frustrated. The n-butanol datagrapher of business society believes that in the short term, the market situation of n-butanol in Shandong is mostly weak, mainly sorting and operation. More attention needs to be paid to the changes of supply and demand.