1、 Price trend

According to the data of business agency, the average price of n-butanol as of May 22 was 5666 yuan / ton (including tax), up 180 yuan / ton or 3.34% compared with the reference price of 5483 yuan / ton on May 15 last Friday.

2、 Market analysis

Products: from the beginning of this week, the domestic n-butanol market has a good overall trend, the downstream butyl starts to increase, the demand for n-butanol increases, the market low price goods source is not many, the overall market turnover is stable, in the middle of this week, the raw material propylene price is steadily rising, the cost support is strong, the upstream factory inventory is low, the market turnover is gradually improving, some factory quotations are increased, at the end of this week, we heard from the West The restart time of North n-butanol unit was delayed, and confidence in the downstream was boosted. In addition, the price of raw propylene continued to rise over the weekend, and the cost continued to be strongly supported. The overall market price rose. By the end of 22 days, the market transaction was stable. The ex factory quotation of Shandong lihuayi n-butanol was 5600 yuan / ton, and 150 yuan / ton was increased in the week. At present, Luxi Chemical Co., Ltd. is under normal operation, with tight n-butanol inventory. The ex factory quotation is 5700 yuan / ton, up 200 yuan / ton in a week; Wanhua Chemical Co., Ltd. is 5700 yuan / ton, up 200 yuan / ton in a week in North China; 5950 yuan / ton, up 200 yuan / ton in East China; 5900 yuan / ton, up 100 yuan / ton in a week in South China.

Industrial chain: on May 21, the market price of propylene in Shandong still rose. Last month, the price of propylene in Shandong Province rose sharply and fell sharply, and then it held steady again, and the market was stable. During the May 1st period, the price of propylene slightly increased by about 50 yuan / ton. On the 6th day, the price increased by 100 yuan / ton again. On the 7th, 8th and 9th day, the price increased by 50 yuan / ton continuously. On the 10th day, some enterprises continued to increase by 50 yuan / ton. On the 11th day, the price increased by 50 yuan / ton again. On the 12th day, it increased by 100-200 yuan / ton obviously. On the 13th day, it continued to increase by 100-200 yuan / ton. On the 14th day, it increased by 50-100 yuan / ton again. On the 15th day, it still increased by 50-100 yuan / ton on weekends The upward trend remained unchanged until 21 days, with a daily upward trend of 50-100 yuan / ton. Today, the upward trend is 50 yuan / ton again. Now, the market transaction has reached 6950-7200 yuan / ton, and the mainstream price is about 6950 yuan / ton.

3、 Future forecast

According to the analysts of business agency butanol, in the short term, it is expected that the overall domestic butanol market will continue to operate at a high and stable level.