Price Trend
According to the data of business associations, the average price of n-butanol as of July 12 was 6233.33 yuan/ton (including taxes), which was 1.91% higher than July 5. At present, the mainstream price of n-butanol in China is about 6200-6300 yuan/ton.
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II. Market Analysis
Product: This week, the n-butanol market continues to rise steadily and steadily driven by cost. Some manufacturers are affected by losses. It is not excluded that the starting load will be reduced. In late July, some manufacturers have parking plans.
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Industry chain: Mainstream price of propylene in upstream products has been continuously rising, refinery inventory is low, the situation of propylene supply and demand has not been significantly alleviated, and the overall market trading situation is relatively stable.
3. Future Market Forecast
Forecast: Mainstream price of n-butanol will remain stable in late July.
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