According to the data, as of June 30, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11900 yuan / T, which was basically stable compared with the price of 20 days; compared with the price of 10 days, the average price increased by 200 yuan / ton, or 1.71%. Compared with the 1-day price, the average price increased by 733 yuan / ton, or 6.57%.
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The market of n-propanol rose steadily in the first ten days of June
At the beginning of June, driven by the small increase of isopropanol market again, the sentiment of n-propanol market rose. On June 4, the domestic market of n-propanol rose as a whole. According to the monitoring data of business agency, the factory quotation of domestic n-propanol was 11700 yuan / ton (including packaging), which was 533 yuan / ton higher than that at the end of May. Subsequently, the market as a whole stable operation to mid month. On the 16th, with the rise of upstream propylene and the continuous rise of raw material ethylene, and the overall high price of isopropanol, the market demand for n-propanol is still on the rise, and the supply is tight. Some n-propanol manufacturers and dealers follow the market to raise the ex factory quotation of n-propanol again by 200-500 yuan / T, resulting in the domestic market of n-propanol to resume in mid June Degrees go up.
High stable operation of n-propanol in China in late June
Since the 20th, the overall high-level stable operation of the domestic n-propanol market. The market price of isopropanol dropped significantly in late June, resulting in the demand for n-propanol as solvent weakened. However, at present, the main production method of n-propanol in China is ethylene process. Since June, the price of raw material ethylene has been steadily moving up, which has given support to the cost of n-propanol. In addition, the stock of n-propanol is tight, so the overall quotation of the market remains high and stable. It is not ruled out that some dealers can make decisions according to their own needs Inventory slightly reduced the price of n-propanol to stimulate shipment, but at present, the overall trend of the market is not affected, the market is mainly stable.
As of June 30, the manufacturer, Nanjing Rongxin Chemical Co., Ltd., had normal operation of 30000 T / a n-propanol plant, and the ex factory quotation of n-propanol for external bulk water was RMB 11000 / T (cash purified water ex warehouse price), which was the same as that of a week ago, and increased by 500 yuan / T compared with the beginning of June. At present, the inventory is relatively small and the shipment is carried out according to the plan; the n-propanol quotation of Jinan Pulai Chemical Co., Ltd. is 10800 yuan/ The results showed that the total price of propanol from Aite (Shandong) new material Co., Ltd. was 10500 yuan / T (bulk water) and 11300 yuan / ton (bulk water) of Jinan Mingwei Chemical Co., Ltd. The price quoted by some traders of n-propanol in stock is relatively high, and the price is not easy to monitor. As a result, the specific negotiation situation may be different. Each region also has its own difference. The actual negotiation is mainly based on the actual order, and the future market will wait for the change of raw material price and shipment.
According to the data monitoring of business agency, the latest price of n-propanol of some enterprises in China (data for reference only): 1
Enterprise name price type price specification (yuan / ton tax included) remarks time
Nanjing Rongxin Chemical Co., Ltd., ex factory price: 11000 yuan / ton, purified water content ≥%): 99.5; grade: excellent; June 30, 2020
Shandong fengcang Chemical Co., Ltd. market price: 11600 yuan / ton, content ≥%): 99.5; grade: excellent; June 29, 2020
Ningbo Haorui Chemical Co., Ltd. market price: 11600 yuan / ton, barrel content ≥%): 99.5; grade: excellent; June 29, 2020
Jinan daianhe Chemical Co., Ltd., ex factory price: 10500 yuan / T, purified water content ≥%): 99.5; grade: excellent; June 30, 2020
Jinan Mingwei Chemical Co., Ltd. ex factory price: 11300 yuan / ton, purified water content ≥%): 99.5; grade: excellent; June 28, 2020
Jinan planhua Chemical Co., Ltd. ex factory price: 10800 yuan / ton, purified water content ≥%): 99.5; grade: excellent; June 29, 2020
Aite (Shandong) new materials Co., Ltd. ex factory price: 10500 yuan / T, purified water content ≥%%: 99.5; grade: excellent; June 29, 2020
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Upstream, propylene oxide Market in June went up all the way. On 1 day, the average price quoted by propylene oxide enterprises was 8933.33 yuan / ton. Due to the rise of raw material prices and the support of new downstream orders, the price of propylene oxide began to rise, with strong cost support, no pressure on factory inventory and rigid replenishment in the downstream. In addition, some propylene oxide manufacturers reduced the burden, and the supply side decreased. Under the downstream fear of rising, new orders increased, and the supply side supported the manufacturers to maintain the market The average price quoted by propylene oxide enterprises was 9800 yuan / ton, up 9.70% in half a month. However, the propylene oxide manufacturers did not have inventory pressure for the time being, and the mentality of price support remained. The market quotation continued to rise steadily. As of the 28th, the average price quoted by propylene oxide enterprises was 10100 yuan / ton, up 13.06% compared with that on June 1 (8933.33 yuan / ton).
In terms of raw materials, ethylene has been on the rise recently. The average price of ethylene on the 26th was $761.00/t, compared with $731.75/t on the previous trading day, up 4.00%. The current price is up 28.22% month on month, and the current price is 17.19% lower than last year. Asian ethylene market prices remained stable. As of the 26th, CFR Northeast Asia closed at 845-855 USD / T, CFR Southeast Asia closed at 785-795 USD / T. European ethylene market price rose, as of the 26th, the European ethylene market price was FD, northwest Europe closed at 720-730 US dollars / ton, CIF northwest Europe closed at 675-683 US dollars / ton. The price of ethylene in the U.S. rose to 275-293 U.S. dollars / ton as of the 26th. Generally speaking, the ethylene market in Europe and the United States is mainly on the rise. The demand of the whole ethylene market is better, and the trading atmosphere is active, and the rise is relatively sufficient.
N-propanol may fall in July due to weakening demand
Overall, the domestic n-propanol market supply-demand relationship has been maintained in a relatively balanced state. In recent years, due to the demand for raw materials and as solvent, the market price has been rising all the way. At present, although the raw material support is strong, the downstream demand has weakened after the fall of isopropanol market, and some dealers have lowered their quotations. Although the overall impact on the market has not been obvious for the time being, this is undoubtedly the alarm of the later trend of the market. Therefore, it is expected that if the follow-up demand of n-propanol market can not be made up in time, the market of n-propanol may fluctuate and fall in July.
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