Early to early July stage (7.1-7.17), under the influence of insufficient demand, the domestic Shandong n-butanol market market downward continuous operation, the line to the mid-to-late July stage, July 17, the domestic Shandong n-butanol factory price reference 7600 yuan / ton, the price fell to the lowest point in July, downstream users to low replenishment, the field trading atmosphere turned warm, n-butanol market overall Transaction has improved, 18, 19, the domestic n-butanol market prices ushered in a steady rise in operation, Shandong n-butanol factory factory prices generally increased n-butanol, an increase of 100-200 yuan / ton, as of July 19, the domestic Shandong n-butanol factory prices refer to 7700-7800 yuan / ton near the two-day increase of more than 2%. At present, n-butanol market center of gravity is strong, the field supply and demand conduction has improved.

The main reasons for the rise of the n-butanol market are.

1, market news: Shandong large plant octanol plant load reduction, octanol market prices upward, driving n-butanol market price support sentiment.

2, the demand side: downstream propylene-butyl, acetic acid manufacturers quotes rose, the enthusiasm for raw material procurement has increased, the field just demand for procurement atmosphere warmed up, intermediaries low prices on demand to fill positions, the demand side of the short-term market has a certain support role;.

3, the mainstream manufacturers and the northwest price increases, boosting the industry’s mentality, in the multiple positive factors intertwined, n-butanol prices rose.

Average price of n-butanol market (unit: yuan / ton)

Supply side: Shandong a n-butanol device restarted today, the rest of the device is running normally, from a short-term perspective, driven by the bullish atmosphere, manufacturers quoted firm, downstream just need to purchase, the market has a certain degree of support.

Cost side: the recent propylene price center of gravity moved up, mainly by the impact of international crude oil and polypropylene futures quotes higher, the downstream product profit margins open, boosting the enthusiasm of the downstream plant inquiries, some manufacturers slightly improved the shipping situation, the impact of foreign exchange still exists, most manufacturers quotes center of gravity oscillation upward, the market turnover atmosphere has improved.

Demand side: Propylene-butyl: the current acrylic acid and ester market is stable, the downstream just need to inquire, the field is not high, is expected to short-term acrylic acid and ester market weak finishing; Acetic acid: the current Shanghai mainstream manufacturers to improve the load, some other manufacturers have successive maintenance plans, is expected to short-term butyl acetate market trend stable operation; DBP: raw material prices up, for plasticizer factories to bring good price, the field low sources of goods The DBP market is expected to be firm in the short term.

Overall, the downstream manufacturers to maintain just demand for procurement, the industry’s mentality is firm, is expected in the short term n-butanol market narrowly up, the range of 200-400 yuan / ton or so, in the medium and long term, the manufacturers increased supply, the downstream market although there is a certain just demand, but the buy plate sustainability is weak, coupled with the downstream in the traditional off-season, so the medium and long-term market bearish expectations.

 Chemwin is a chemical raw material trading company in China, located in Shanghai Pudong New Area, with a network of ports, terminals, airports and railroad transportation, and with chemical and hazardous chemical warehouses in Shanghai, Guangzhou, Jiangyin, Dalian and Ningbo Zhoushan, China, storing more than 50,000 tons of chemical raw materials all year round, with sufficient supply, welcome to purchase and inquire. chemwin email: service@skychemwin.com whatsapp: 19117288062 Tel: +86 4008620777 +86 19117288062