On January 13, the weak and stable operation of n-propanol in China was maintained, Later trend still needs to be observed

1、 Price trend


According to the data monitoring of business agency, as of January 13, the market of n-propanol was weak and stable, and the average price of sample enterprises was basically the same as that of last week (January 6). At present, the main quotation of domestic n-propanol traders is around 10500-11400 yuan / ton. Due to the large price difference between different packaging specifications, the main quotation of imported barrel n-propanol from Dalian, Taiwan is around 11600-12000 yuan / ton.


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2、 Market analysis


Products: since the beginning of 2020, the main market of n-propanol in China has been running steadily. After a slight increase at the beginning of the month, it is basically the same as that at the end of 2019. On January 13, the market of n-propanol in China is mainly weak and stable. The ex factory quotation of n-propanol produced by Nanjing Rongxin Chemical Co., Ltd. is stable at the end of December, with a reference price of 8500 yuan / ton (net water including tax). Shandong fengcang Chemical Co., Ltd The price of n-propanol sold in Zibo, Shandong Province is stable, with an external quotation of 10500 yuan / ton (including tax barrels); the price of imported n-propanol bulk water sold by Yexing chemical industry in Zhangjiagang Free Trade Zone is around 9800 yuan / ton, and the price of barrels is around 10500 yuan / ton; the price of imported n-propanol sold by Shanghai Lianyi Chemical Co., Ltd. is 11600 yuan / ton (barrel specification: 165kg). As dealers in different regions offer different prices or reserve prices, the price is not easy to monitor, leading to specific negotiations or differences, and there are differences in each region, and the actual single negotiation is the main one. In the future, we need to wait and see the price change and delivery of raw materials.


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Industry chain: in the near future, the market of propylene oxide has been running smoothly, the start-up of propylene oxide plant is stable, the inventory is controllable, the market supply and demand are balanced, and the quotation of enterprises in this cycle is mainly stable. The delivery price of cash in Shandong mainstream market of Wanhua chemical on October 10 was 9950 yuan / ton. At present, the main quotation of propylene oxide Market in East China is around 9900-10000 yuan / ton, that in Shandong is around 9600-9800 yuan / ton, and that in South China is around 9700-9800 yuan / ton.


3、 Future forecast


According to the prediction of the business agency: the downstream demand of domestic n-propanol is general, and the domestic production capacity basically reaches the supply and demand. It is expected that in the short term, the trading volume of n-propanol market is still average, downstream demand is waiting for recovery, and the overall market maintains stable operation.