On November 26, the market price of n-propanol maintained stable operation after a small fluctuation last week

I. price trend

According to the data monitoring of the business agency: as of November 26, according to the data of several sample quotation enterprises, the main quotation price of the n-propanol domestic trade market is about 10800 yuan / ton, which is generally stable compared with the beginning of the week.

 

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II. Market analysis

 

Products: since last week, the market sales of n-propanol has been relatively stable. The overall market has been mainly shaken and consolidated, with little fluctuation. After a small fluctuation, the market continues to operate stably. People in the market mainly wait and see, and the cost surface can still be supported. The downstream demand of n-propanol is general, and the domestic production capacity basically reaches the supply and demand. At the beginning of last week (November 18), the quotation of some dealers in the domestic n-propanol market was slightly reduced, with a decrease range of around 100-200 yuan / ton. In the middle of last week (November 20), the quotation of domestic n-propanol dealers was revised back. After the correction, the price was stable to November 25, and on November 26, some dealers and traders again slightly revised back their quotation, with an increase range of around 140 yuan / ton. At present, the quotation is The manufacturer of propanol, Nanjing Rongxin Chemical Co., Ltd., has a stable quotation of 9100 yuan / ton (including tax for bulk water); the quotation of domestic dealers of propanol is around 10100-10800 yuan / ton. Compared with November 18 of the beginning of the week, the overall price is basically flat at the beginning of the week at the end of the week, including 10800 yuan / ton for Shandong Weiming chemical, 10800 yuan / ton for Dalian barrel in Taiwan The price is 11000-11600 yuan / ton, including 11800 yuan / ton of n-propanol quoted by Shanghai Lianyi Chemical Co., Ltd. imported from Dalian, Taiwan (specification: 165kg); due to dealers and traders’ reservation on the price, the price of the commodity is not easy to monitor, and the specific price is negotiated in a single document. In addition, the prices in each region are also different, so the price is only for reference.

 

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Industry chain: since last week, ethylene has declined as a whole. Asian ethylene market prices fell, as of the end of last week, CFR Northeast Asia closed at $807-815 / ton, and CFR Southeast Asia closed at $808-814 / ton. Prices in the European ethylene market fell slightly. As of the end of last week, the price in the European ethylene market was FD, northwest Europe closed at $905-908 / ton, and CIF, northwest Europe closed at $810-821 / ton. The price of ethylene in the U.S. region rose. As of the end of the week, the price was US $484-496 / ton. Overall, the overall ethylene market fell. The industry pays more attention to the supply and demand after the festival.

 

III. future forecast

 

According to the prediction of the business agency: it is expected that the domestic n-propanol market will run smoothly in the near future, the overall demand of the market will remain stable, and the market will not fluctuate too much in the off-season.

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