According to the monitoring data of business agency, as of February 10, the average ex factory price of n-butanol in Shandong was 11766 yuan / ton. Compared with the price on February 1 (the reference average price of n-butanol was 9366 yuan / ton), the average price increased by 2400 yuan / ton, or 25.62%.

It can be seen from the data monitoring chart of business agency that on the first day of construction after the Spring Festival, the domestic n-butanol market in Shandong ushered in a sharp rise, which has exceeded 27% in just three days. During the Spring Festival holiday, the rise of crude oil gave the operators some confidence. In addition, the spot supply of n-butanol on the site was tight. On the first day of construction (the 7th), the large n-butanol plant in Shandong resumed opening, that is, the ex factory price of n-butanol was significantly increased by 2000 yuan / ton compared with that before the festival. The ex factory price of n-butanol of the plant was referred to as 11800 yuan / ton. The overall atmosphere in the venue is improving. Other large factories have also raised the ex factory price of n-butanol by 1500-2200 yuan / ton. On the 7th, the ex factory price of n-butanol in Shandong was referred to as 11100-12000 yuan / ton. On the 8th, supported by the small supply pressure of the factory and the opening of demand after the festival, the trading atmosphere on the site was more active, and the center of gravity of n-butanol continued to move upward. On the 8th, the ex factory price of n-butanol in Shandong was around 11500-12000 yuan / ton. On the 9th, the downstream demand slowed down, the n-butanol market operated smoothly, and the downstream resisted high prices. On the 10th, the offer of Shandong n-butanol large factory was lowered by 200 yuan / ton. The price adjustment of large factory has loosened the overall market of n-butanol, but the overall performance of the market is still high. As of the 10th, the ex factory price of n-butanol in Shandong was 11500-11800 yuan / ton, with an average price of 11766 yuan / ton, an increase of more than 25% after the festival.

In terms of upstream propylene, after the festival, the domestic propylene market ushered in a wave of rise, in which propylene (Shandong) rose to 8300-8350 yuan / ton. The long-span rise in prices is mainly affected by two factors. First, crude oil prices rose strongly during the Spring Festival, forming obvious support on the cost side; Second, the supply and demand side of propylene has not been fully restored, some propylene plants have not returned to work, and the transportation is not smooth due to festivals and weather, resulting in tight supply in the region and further contributing to the rise of propylene. Forecast: in terms of cost and supply and demand, there is still some room for propylene to rise in the short-term market.

Future analysis of n-butanol

At present, the downstream demand of n-butanol has a weakening trend, and the support of the supply side is OK. The n-butanol datagrapher of business society believes that in the short term, the n-butanol market in Shandong is more stable, medium and narrow adjustment and operation, and more attention needs to be paid to the changes of supply and demand.