According to the monitoring data of the business agency, as of August 16, the average ex factory price of n-butanol in Shandong Province was 6666 yuan / ton. Compared with August 1 (the reference price of n-butanol was 7366 yuan / ton), the price decreased by 1700 yuan / ton, a decrease of 9.50%.

It can be seen from the data monitoring chart of the business community that in the first ten days of August, the domestic n-butanol market generally showed a weak downward trend. In the first week of August, the low-end price of the n-butanol market had dropped below 7000 yuan / ton. However, the effective support of the n-butanol Market was insufficient, the downstream demand was cold and the supply and demand transmission was slow, the decline of n-butanol was not stopped, and the center of gravity continued to drop. As of August 15, The market price of n-butanol in Shandong Province in China is around 6500-6700 yuan / ton, with a drop of more than 10% in half a month compared with the beginning of the month. 16. On the 17th, the on-site transaction of n-butanol was improved, and the quotations of some factories were slightly increased, with an increase range of 100-200 yuan / ton. At present, as of August 17, the ex factory price of n-butanol in Shandong Province is around 6600-6700 yuan / ton. At present, the trading atmosphere of n-butanol has been improved and the inquiry atmosphere is better.

In terms of upstream propylene, in the first ten days of August (8.1-8.15), the overall propylene market in Shandong was in a downward trend. According to the monitoring data of business agency, the reference price of propylene was 7164.60 yuan / ton on August 16, down 2.5% compared with that on August 1 (7348.60 yuan / ton).

Post market analysis of n-butanol

At present, the transaction of new n-butanol orders has improved, and the trading atmosphere in the market has warmed up. The n-butanol datagrapher of the business society believes that in the short term, the domestic and Shandong n-butanol market will mainly operate in a stable and integrated manner, and the specific trend needs to pay more attention to the changes in the supply and demand side.