Good supply and demand, n-butanol prices continue to pull up this week (6.22-6.28)

According to the monitoring data of the business agency, as of June 28, the average ex factory price of domestic n-butanol was 5800 yuan / ton, up 133 yuan / ton, or 2.35%, compared with Monday (22), and 350 yuan / ton, or 6.42%, compared with June 15.

 

N-butanol rose in late June. This week’s rise is still the same

 

Thiourea dioxide

Since the end of June, the domestic market of n-butanol has been rising steadily. This week, the focus of n-butanol transaction continued to rise. At present, the factory’s opening power is about six to seven floors, the spot inventory is low, and the factory’s external offer is generally rising. The confidence of the industry is greatly boosted. The market inquiry atmosphere is good. Downstream users have a high enthusiasm for the low-end offer and purchase in the market, and the supply of low-cost goods is tight. The overall market shipment is relatively smooth. As of the 28th, the ex factory quotation of Wanhua Chemical Co., Ltd. in East China was 5800 yuan / ton, up 200 yuan / ton, or 3.57% over the weekend (19th); the ex factory quotation of Shandong lihuayi n-butanol was 5750 yuan / ton, up 300 yuan / ton, or 5.50% over the weekend (19th); the ex factory quotation of Luxi n-butanol was 5850 yuan / ton, up 250 yuan / ton, or 4.46% over the weekend (19th). At present, according to the monitoring data of business agency, the average ex factory price of domestic n-butanol is 5800 yuan / ton, which is 133 yuan / ton higher than that of Monday (22nd), 2.35% higher in the week; 350 yuan / ton higher than that of June 15th, 6.42% higher in the half month.

 

The market price of n-butanol in some regions of China this week is attached (data for reference only unit: yuan / ton)

 

Product name region 6 / 22 6 / 28 up and down

N-butanol East China 5800-5950 5950-6050 + 150 / + 100

South China 5900-6000 6000-6100 + 100 / + 100

North China 5600-5700 5700-5850 + 100 / + 150

On the upstream side, from the beginning of this week, the price of propylene market in Shandong fell, and the cost support for n-butanol was limited. On the 22nd and 23rd, the market price of propylene was continuously reduced by about 50 yuan / ton. At present, the market price is between 6650 and 7000 yuan / ton, and the mainstream price is about 6750 yuan / ton. At present, the inventory pressure of propylene manufacturers is not large, but the delivery situation is relatively cold.

 

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In terms of downstream, at present, the market price of butyl acrylate in South China is 7550-7650 yuan / ton of accessories. The weak consolidation operation is mainly near the holiday market, while the downstream market is mainly wait-and-see, and the inquiry and purchase and delivery before the holiday are not good. At present, there is a certain inventory pressure in the factory, the transaction focus is low, and the operators purchase on demand.

 

According to analysts of n-butanol, the focus of negotiation in the market of n-butanol is up, the inventory in the market is low, and the market supply and demand cycle is good. It is heard that some n-butanol plants in Shandong and Northeast China are planned to be overhauled in July, and supply is expected to continue to shrink, so it is expected that the focus of domestic n-butanol market negotiation will continue to rise in the short term.

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