1、 Price trend

The average price of n-butanol as of January 10 was 5933 yuan / ton (including tax), an increase of 130 yuan / ton or 2.30% compared with that at the beginning of the week (January 6), according to the data of business agency.

2、 Market analysis

Product: this week, the domestic n-butanol market is stable, moderate and small increase, East China low price offer continues to move up this week, some factories are affected by environmental protection to reduce load operation, downstream users of butyl have a high enthusiasm for purchasing, favorable factors are still in place, the confidence of the industry is boosted, and the current factory cost pressure is large, the offer of the industry is more and more firm, the prices in all regions of the market are stable, downstream customers buy Rising mentality is becoming apparent. The main offer spread between East China and North China has widened. At present, as of January 10, the ex factory quotation of n-butanol in East China is around 6300-6400 yuan / ton; the ex factory quotation of n-butanol in North China is around 5900-6000 yuan / ton; the ex factory quotation of n-butanol in South China is around 6200-6300 yuan / ton; the collective pricing of n-butanol in Luxi Chemical is around 5900 yuan / ton; the ex factory quotation of n-butanol in Shandong lihuayi is around 5900 yuan / ton Nearly: the factory quotation of North China n-butanol of Wanhua Chemical Co., Ltd. is 6000 yuan / ton, 100 yuan / ton higher than that at the beginning of the week; the factory quotation of East China n-butanol is 6350 yuan / ton, 100 yuan / ton higher than that at the beginning of the week; the factory quotation of South China n-butanol is 6350 yuan / ton, 50 yuan / ton higher than that at the beginning of the week.

Industrial chain: as of January 10, the market price of propylene in Shandong Province has been raised again. Affected by international crude oil, domestic propylene price rebounded from the bottom at the end of December, rising continuously. On January 5 and 6, it was generally stable, on July 7 and 8, and it was stable on September 9. Today, it continued to increase by about 100 yuan / ton. At present, the market transaction has risen to about 7050-7300 yuan / ton, and the mainstream price is about 7050 yuan / ton. At present, although the international crude oil price has declined, the downstream powder starting load has declined and the profit margin has decreased, but due to the shutdown or load reduction of some domestic dehydrogenation units, a dehydrogenation unit in South Korea is planned to be shut down for maintenance, the supply is obviously tight, the refinery shipment is smooth, and it is expected that the propylene market price may still rise in recent days.

3、 Future forecast

According to the analysis by the data analyst of the business club, it is expected that the n-butanol market will continue to operate stably in the short term, the low price area of the market will continue to move towards the high level, and there is room for the price of the n-butanol market to rise again before the Spring Festival.