The price of n-propanol keeps rising again

According to the price monitoring data of business agency, as of June 19, the reference average price of domestic n-propanol including packaging mainstream area was around 11900 yuan / ton, with an average price increase of 200 yuan / ton or 1.71% compared with the beginning of this week (15 days). Compared with the price on June 1, the average price increased by 733 yuan / ton, or 6.57%.

 

In the first ten days of June, the overall high and stable operation of n-propanol Market

 

Since the second quarter, the market of n-propanol has been constantly rising, and the strong trend in the early stage has given strong support to the market in June. In June, the first few days of the month, driven by the slight rise of isopropanol market again, the market of n-propanol keeps up with the rising sentiment. As of June 4, according to the monitoring data of the business society, the ex factory quotation of domestic n-propanol refers to 11700 yuan / ton (including packaging), compared with that at the end of May Up 533 yuan / ton. Then the overall market high stable operation to the middle of the year, there are many dealers according to their own inventory and delivery place and other factors to adjust the factory offer, but the overall market trend is less affected.

 

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The market of n-propanol rose again this week

 

On Monday (15th), with the rise of upstream propylene and the continuous rise of raw material ethylene, and although the price of isopropanol has fallen, it is still high as a whole, so the market demand for n-propanol is still on the rise, and the supply is tight. Some n-propanol manufacturers and distributors will raise the ex factory price of n-propanol again, with an increase of 200-500 yuan / ton, until the domestic market of n-propanol is on the rise This week it’s up again.

 

At present, as of June 19, Nanjing: the manufacturer, Nanjing Rongxin Chemical Co., Ltd., has normal operation of 30000 T / a n-propanol plant. The ex factory quotation of n-propanol for external bulk water is 11000 yuan / ton (cash purified water ex warehouse price), which is 500 yuan / ton higher than that at the beginning of June. At present, the inventory is not much and the goods are delivered as planned. Nanjing nooo new material 100000 t / a n-propanol plant is in normal operation, with a quotation of 10700 yuan / ton, up 200 yuan / ton from the beginning of June, and the inventory is tight. Shandong Province: the overall inventory of n-propanol market is low. The ex factory quotation of n-propanol including packaging is around 11600-12000 yuan / ton, the price is around 200-500 yuan / ton compared with last week, and the rare high-end quotation is around 12500 yuan / ton (barreled ex factory); the ex factory price of purified water is around 10500-11000 yuan / ton, the price is around 500-1000 yuan / ton compared with last week, and the rare high-end quotation is around 500-1000 yuan / ton Up to 11300 yuan / ton. Shanghai: with the increasing market price of domestic n-propanol, the price of imported n-propanol has also been greatly increased by traders. According to the understanding of the business agency, the self offered price of imported n-propanol (Taiwan barreled) port of Shanghai Yilian Chemical Co., Ltd. has risen to 13500 yuan / ton, 1500 yuan / ton, or 12.5% higher than that in May.

 

According to the data monitoring of business agency, the latest price of n-propanol of some enterprises in China this week (for reference only):

 

Enterprise name price type price (yuan / ton including tax) specification remarks time

Nanjing Rongxin Chemical Co., Ltd. ex factory price: 11000 yuan / ton, purified water content ≥%: 99.5, grade: excellent, June 16, 2020

Shandong fengcang Chemical Co., Ltd. market price: 11600 yuan / ton barrel content ≥%: 99.5; grade: superior; June 17, 2020

Ningbo Haorui Chemical Co., Ltd. market price: 11600 yuan / ton barrel content ≥%: 99.5; grade: superior; June 17, 2020

Aite (Shandong) new materials Co., Ltd. ex factory price: 11000 yuan / ton, net water content ≥%: 99.5, grade: superior, June 18, 2020

Jinan today he Chemical Co., Ltd. factory price: 11300 yuan / ton net water content ≥%: 99.5; grade: superior; June 19, 2020

Jinan Mingwei Chemical Co., Ltd. factory price: 11000 yuan / ton, purified water content ≥%: 99.5, grade: superior, June 19, 2020

Nanjing Noor new materials Co., Ltd. ex factory price: 10700 yuan / ton, purified water content ≥%: 99.5, grade: superior, June 19, 2020

Jinan pulihua Chemical Co., Ltd. factory price: 10800 yuan / ton net water content ≥%: 99.5; grade: superior; June 19, 2020

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Upstream, the market price of propylene in Shandong continued to rise this week. After a week’s rally in early June, Shandong propylene market showed a significant correction in the middle of the price. According to the price of the business agency, last week’s 7-day cumulative decline of 350 yuan / ton. But at the end of the week, the price stopped falling and recovered. Today, the price has risen 250-350 yuan / ton continuously. Now, the market turnover is between 6750-6950 yuan / ton, and the mainstream price is about 6750 yuan / ton. At present, propylene manufacturers are in good condition of delivery, no inventory pressure. On the 16th of this week, the price of crude oil was significantly increased and the market was bullish, which had a certain pull-up effect on propylene. On the other hand, the downstream propylene plant has a good profit, a high enthusiasm for receiving goods, a positive market procurement and an active overall atmosphere.

 

In terms of raw materials, ethylene has been on the rise since the beginning of June, which supports the cost of n-propanol. The Asian ethylene market is stable. As of the 19th, CFR Northeast Asia quoted 835-845 US dollars / ton, and CFR Southeast Asia quoted 785-795 US dollars / ton. The price of European ethylene market rose. As of the 19th, FD northwest Europe quoted us $627-637 / ton. In the near future, the price of European ethylene is mainly rising, and the later price changes may be mainly affected by the upstream crude oil.

 

According to the prediction of the business agency: at present, the market of n-propanol is still positive, and it is expected that the market of n-propanol will continue to rise slightly in the future. The specific trend needs to pay more attention to the cost of raw materials and the supply of goods.

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