According to the monitoring data of business agency, as of April 20, the average ex factory price of n-butanol in Shandong was 9633 yuan / ton. Compared with the price on April 15 (the reference average price of n-butanol was 9266 yuan / ton), the average price increased by 367 yuan / ton, or 3.96%.

It can be seen from the data monitoring chart of business agency that this week, the domestic n-butanol market in Shandong ushered in a rising operation. On the 18th of the week, some n-butanol factories in Shandong raised the ex factory price of n-butanol by about 200-400 yuan / ton. The ex factory price of n-butanol in Shandong was around 9400-9600 yuan / ton. On the 19th and 20th, the domestic n-butanol market in Shandong continued to rise steadily, and the trading atmosphere of n-butanol improved, The downstream ushered in phased stock, and the low-end price was well traded. As of the 20th, the ex factory price of n-butanol in Shandong Province was around 9600-9700 yuan / ton, and the price increased by 200-500 yuan / ton this weekend, an increase of 3.96%. At present, the inventory of n-butanol in the plant has been reduced, the supply pressure of the factory has been relieved, and the quotation is mainly firm.

In terms of upstream propylene, in this week, the domestic propylene market in Shandong was running upward. According to the data monitoring of business agency, the reference price of propylene in Shandong was 8471 yuan / ton on April 19, up 3.29% compared with April 1 (8200 yuan / ton). According to the analysis of propylene supply and demand, the price of crude oil fluctuated and rose, especially the price rose sharply again at the weekend, with strong cost support. In terms of bad news, the downstream demand follows up slowly, mainly just demand. Recently, affected by the epidemic, the traffic in some areas is not smooth, and the factory operating rate is reduced.

Future analysis of n-butanol

At present, some n-butanol units in Shandong are shut down, and the limited factors of logistics and transportation still affect the supply and demand circulation of n-butanol in the field. After a short period of goods preparation in the downstream, the demand is mainly on the sidelines. The n-butanol data division of business society believes that in the short term, the domestic n-butanol market in Shandong is mainly consolidated and operated in multiple intervals, and the specific trend needs to pay more attention to the changes of supply and demand.