[Financial] January chemical butanol market rebounded from the previous month, was after the first strong weak trend, so modest. The n-butanol run low for a long time, manufacturers in the face of continued losses, pushing up the intention is higher, since entering in January, the international crude oil shocks, while the upstream propylene under its influence has been sluggish, domestic butanol prices continued to drop, the market sentiment is more deserted.

Energy launched severe concussion in the vicinity of $30, the market mood fluctuations, the fundamental contradiction between supply and demand has not improved, and some industry insiders bearish market outlook. The upstream low-spirited propylene prices in East China market, the current price of 4850 yuan / ton, it is difficult to support the rise of butanol. Near the end of the year, the downstream butyl factory operating rate dropped, next week is expected to plant will gradually shut down, the recent demand will be significantly reduced.

Overall, the year is near, the domestic market offer stable butanol. The factory offer strong, low inventory. The overall market inquiry atmosphere more light, and propylene butyl acetate butyrate downstream market demand continued weak, the majority of businesses to butanol delisting, propylene run steady. Therefore, before the Spring Festival, domestic n-butanol market steady wait-and-see, in order to return after the holiday.

Some areas in February 2nd or the enterprise n-butanol market dynamics:

Shandong area n-butanol market offer a slight increase. The main factories offer 4400 yuan / ton, the market offer 4450-4500 yuan / ton. Factory supply, offer strong. With the rise of the market offer, but most firms prepare to withdraw from the market, the overall market sentiment continued to light pattern.

Jiangsu and Zhejiang n-butanol market offer the range of finishing. The local supply offer 4500-4550 yuan / ton, the port supply offer 4500-4600 yuan / ton. Shandong factory raised the offer, affected by the market. The whole trading atmosphere dull, more ready to leave the city.

Tianjin Jianchang n-butanol products offer 4300-4400 yuan / ton. Plant annual production capacity of 170 thousand tons, running at full capacity, product inventory is moderate, stable sales.

Jiangsu Hua Changzheng alcohol offer out 4500 yuan / ton, the real single can negotiate. Butanol annual production capacity of 120 thousand tons, full load production, sales stable.

Luxi Chemical Company butanol offer raised 100 yuan / ton, 4400 yuan / ton. Sets the total production capacity of 210 thousand tons, a set of device, low inventory.

Wanhua chemical butanol product factory offer raised 100 yuan, 4400 yuan / ton. Plant annual production capacity of 300 thousand tons, n-butanol unitoperahon 5-6, low inventory, supply only the customer.

Shandong lihuayi butanol products increase 100 yuan, 4400-4500 yuan / ton. Plant annual production capacity of 85 thousand tons, because the hydrogen supply device manufacturers, low load operation, basically no inventory.

Qilu butanol offer out 4300 yuan / ton, butanol unit capacity of 50 thousand tons / year, stable operation at full capacity, normal inventory, sales remained stable.