According to the price monitoring data of business agency, the average price reference price of the mainstream area of domestic n-propanol packaging was around 8666 yuan / T by May 24, and the average price decreased by 166 yuan / T, down 1.89% compared with the price on May 51; Compared with the price on May 1, the average price was down 667 yuan / ton, down 7.14%.

Domestic market of propanol in late May was under pressure

In early May, the domestic market of n-propanol declined. In the late days, the market of n-propanol remained weak and stable, and due to the impact of insufficient demand, the stock of high-end quotation in the field accumulated, the overall market transaction was low, and the trading atmosphere was not warm or hot. On 21, the quotation of the dealers of n-propanol in some regions was slightly lowered, with a decrease of 200-300 yuan / ton. After the price adjustment, the market remained weak. As of 24 days, the factory quotation of n-propanol in Nanjing was basically stable with that at the beginning of the month. The main quotation reference was 8400-8600 yuan / ton (bulk water), and the factory price of n-propanol in Shandong Province was adjusted in a narrow range, and the main price reference was 7600-8000 yuan / ton (bulk water).

In Nanjing, the 30000 ton / a normal operation of n-propanol plant in Rongxin chemical industry of Nanjing, 8500 yuan / ton (bulk water) is the reference for the ex factory quotation of n-propanol, and the 100000 ton / a n-propanol plant of Nanjing naoo new material is stopped. The current stock of the equipment is low. The ex factory quotation of n-propanol is 8600 yuan / ton, and the goods are delivered as planned.

Upstream, the recent external ethylene market overall showed a downward trend. The price of ethylene in Asia fell mainly below the following. As of the 21st, the market of ethylene in Asia was quoted at US $1073-1079 / ton in Northeast Asia and USD 1018-1024 / ton in CFR Southeast Asia. The price of European ethylene market is rising and falling. As of the 21st, the price of European ethylene market, the price of North West Europe of FD was 1284-1297 USD / ton, up 24 USD / T, CIF northwest Europe quoted us $1279-1290 / T, down 4 USD / T. The US ethylene market is quoted at USD 765-777 / T in FD Bay. The recent U.S. ethylene market has risen and demand is still acceptable. In recent years, except for the rise of American ethylene, the Eurasian ethylene market overall fell slightly. Generally speaking, the trading atmosphere of the whole ethylene external market in the near future is general, the transaction is light, and the market continues to decline.

Some regions are tight in the stock of n-propanol. Whether the short-term market price can be increased due to shortage of goods, we should pay attention to the demand change

At present, it is reported that the stock of the market of n-propanol in Shandong Province is generally tight, and stimulated by the tight goods, some of the n-propanol industry have the idea of increasing the market price of n-propanol. However, the market trend of n-Propyl Acetate, the downstream product of n-propanol, has been weak and downward in the near future. Therefore, the analysts of n-propanol in the business agency believe that in the short term, the market trend of n-propanol is weak and the support for n-propanol, It is still to be seen whether the stock shortage in some regions can really drive the up of the market of n-propanol. More attention should be paid to the cost of raw materials and supply of goods in the later period.