According to the price monitoring data of business news agency, as of May 14, the average reference average price of domestic n-propanol containing packaging in mainstream areas was around 8833 yuan / ton, which was 333 yuan / ton lower than that on May 1, a decrease of 3.57%.
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In the first ten days of May, the domestic n-propanol market was slightly under pressure
After the May holiday, the domestic n-propanol market as a whole maintained a weak and stable operation in the first week. Affected by the inventory pressure, the dealers in some regions slightly reduced the ex factory price of n-propanol by 100-200 yuan / ton. The price adjustment had little impact on the trading atmosphere, and the overall operation remained stable until the middle of the month.
Until the 13th, affected by the pressure of demand, the spot suppliers of n-propanol in Shandong Province reduced the ex factory price of n-propanol by 300-600 yuan / ton. In Shandong Province, the ex factory price of n-propanol loose water is about 7500-8300 yuan / ton, and the ex factory price of n-propanol including package is about 8400-9500 yuan / ton. In Nanjing, the market of n-propanol is relatively stable. The factory price of n-propanol and n-propanol is about 7500-8500 yuan / ton. In Nanjing Rongxin chemical, the 30000 ton / year n-propanol plant is in normal operation, and the factory price of n-propanol is about 8500 yuan / ton.
Upstream, the recent external ethylene market as a whole showed a rising trend. On May 12, the price of ethylene in Asia was 1148-1154 USD / T in Northeast Asia and 1093-1099 USD / T in Southeast Asia. In the US ethylene market, FD US Gulf quoted 853-865 US dollars / ton. Recently, the US ethylene market has been stable and the demand is poor. In the European ethylene market, FD northwest Europe quoted us $1258-1271 / T, CIF northwest Europe quoted us $1277-1288 / T. generally speaking, the trading atmosphere of the whole ethylene external market is acceptable in the near future, and the market continues to rise.
The demand is relatively stable, and the overall short-term market fluctuates little
At present, the downstream consumer market of n-propanol is mainly used for the production of n-Propyl Acetate, and the demand in this field accounts for about 65%. Business community propanol analysts believe that propanol contract users are mainly manufacturers, the demand is relatively stable, so the overall market volatility is small. However, I heard recently that the n-propanol production plant of Nanjing n-propanol production plant has a parking plan, and the inventory in the plant is reduced. In the short term, the domestic n-propanol market price may slightly callback. More attention should be paid to the cost of raw materials and the supply of goods.
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