According to the monitoring data of the business community, as of November 8, the reference price of n-butanol in Shandong Province was 7500 yuan/ton, which was 366 yuan/ton lower than the reference average price of n-butanol on November 4 before the festival (7866 yuan/ton), a decline of 4.66%.
| Thiourea |
It can be seen from the data monitoring chart of the business community that in November, the domestic n-butanol market in Shandong Province saw a broad rise under the support of both supply and demand. As of last weekend (November 4), the n-butanol market rose to a high level, and the ex factory price of n-butanol was around 7800-8000 yuan/ton. On the following 5 and 6 days, the overall market was consolidated at a high level. In this week, the n-butanol market in Shandong started to fall back at a high level, with a cumulative decline of more than 4% over the past two days. As of November 8, the market price of n-butanol in Shandong Province in China has been around 7400-7600 yuan/ton, and the price has decreased by 300-500 yuan/ton this week.
The main influencing factor of the high and down trend of the n-butanol market comes from the demand. In this week, the downstream of n-butanol mainly consumes the raw materials in the early inventory, and the overall market demand returns to a stable level. Therefore, compared with the beginning of the month, the demand for n-butanol is less supportive. At present, the trading atmosphere of n-butanol on the market is mild, and the deals are mostly small.
Post market analysis of n-butanol
At present, the inventory of n-butanol in the plant is relatively controllable, the supply side has relatively stable support for the n-butanol market, and the raw propylene market rebounds at a low level, which also supports the cost side. The fluctuation of the n-butanol market is also a normal fall after the demand side returns to calm. Therefore, the n-butanol data analyst of the business community believes that, in the short term, it is expected that, under the condition that the market is still supported in terms of supply and cost, The risk of the n-butanol market continuing to decline significantly is small, and the market will tend to stabilize and consolidate. More attention should be paid to the specific information changes on the supply and demand side.
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