According to the monitoring data of business society, as of December 14, the average ex factory price of n-butanol in Shandong Province was 7566 yuan / ton. Compared with the price on December 13 (the reference average price of n-butanol was 7500 yuan / ton), the average price was increased by 66 yuan / ton, an increase of 0.89%. Compared with the price on December 1 (the reference average price of n-butanol was 8933 yuan / ton), the average price was decreased by 1367 yuan / ton, a decrease of 15.30%.

Since the beginning of December, the domestic n-butanol market in Shandong has opened the road of sharp decline. The downstream demand has been cautious, and the inventory of n-butanol plants has gradually accumulated. Under the condition of accumulated inventory, the pressure of factory shipment has increased, the wait-and-see mood in the downstream has become stronger, the contradiction between supply and demand has been intensified, and the offer price of n-butanol plants has been continuously reduced since the beginning of the month, After the price was lowered to a relatively low point, the low-end price transaction on the floor improved. However, the high-end price transaction was still under pressure, the overall atmosphere on the floor was still cold, and the market support was relatively weak. On December 13, the ex factory price of n-butanol in Shandong was referred to as 7400-7600 yuan / ton, and the average price was referred to as 7500 yuan / ton, a decrease of more than 16% compared with the beginning of the month.

The n-butanol market fell sharply for nearly half a month in a row, and the mentality of the operators was hurt. On December 14, the n-butanol market finally ushered in favorable support. Temporary parking was installed in the northwest, the timely supply in the yard was reduced, and the supply side support was enhanced. The downstream stock mood of n-butanol in Shandong was good, and the low replenishment orders increased. On December 14, The quoted price of some n-butanol factories in Shandong increased slightly by 100-200 yuan / ton. The ex factory price of n-butanol in Shandong was around 7600-7700 yuan / ton, and the average price was 7566 yuan / ton, with a single day increase of 0.89%. At present, the overall trading atmosphere of n-butanol in Shandong is getting warmer.

In terms of index, on December 13, the commodity index of n-butanol (industrial grade) was 61.14, down 2.72 points from yesterday, down 53.61% from the highest point 131.79 in the cycle (2021-05-16), and up 104.55% from the lowest point 29.89 on November 30, 2015. (Note: cycle refers to the period since September 1, 2011)

In terms of upstream propylene, according to the price chart of business society, Propylene last week (Shandong) the price rose slightly at the beginning of the week, but the rise was weak, and the price began to fall again. As of December 10, the propylene price in Shandong market was 7500-7550 yuan / ton. Entering this week, the main downstream polypropylene market continued to fluctuate and weaken, the supply of propylene market was sufficient, and the downstream demand support was insufficient, the contradiction between supply and demand still existed, resulting in the overall main tone of propylene market running downward, as of December On the 14th, the ex factory price of propylene in Shandong was 7437 yuan / ton, down 1.22% compared with the 6th.

Future analysis of n-butanol

According to the current situation, the adjustment of n-butanol units in some regions is good for the market and gives n-butanol some support. The n-butanol data division of business society believes that in the short term, the market focus of n-butanol in Shandong is expected to continue to adjust upward, and more attention needs to be paid to the changes of supply and demand.