The price of n-propanol rose 9% in half a month driven by the sharp rise of isopropanol price

1、 Price trend

 

According to the price monitoring data of business agency, on April 27, according to the average comprehensive quotation of sample enterprises, at present, the mainstream reference quotation of domestic n-propanol containing packaging is around 10000-10900 yuan / ton, and the reference price of bulk water is around 9300-9800 yuan / ton.

 

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2、 Market analysis

 

Product: in late April, driven by the soaring isopropanol market, the domestic n-propanol market was running at a high level, with tight market inventory and high prices. Nanjing area: Nanjing Rongxin Chemical Co., Ltd., a manufacturer of n-propanol, is now in normal operation. The ex factory price of n-propanol purified water has been greatly increased. The reference price is 9800 yuan / ton, which is 1300 yuan / ton higher than that before half a month (reference price of 8500 yuan / ton for ex factory purified water on 14th). Shandong Province: the market of n-propanol in Shandong Province has been volatile for half a month, and the market price can be described as one-day discussion. Within half a month, the highest price of domestic n-propanol market including packaging quotation is 12000 yuan / ton. With the recent decline of the market price of isopropanol, the quotation of some n-propanol dealers has been reduced compared with the previous days, but the overall price is still significantly higher than the beginning of the month. At present, the price of n-propanol in Shandong Province is still rising The main quoted price of barreled goods is around 9900-10500 yuan / ton. Up to 27 days ago, the factory quotation of n-propanol with packaging in fengcang Chemical Co., Ltd. in Shandong Province was 10500 yuan / ton, which was 1100 yuan / ton higher than that half a month ago (including 9400 yuan / ton of the factory quotation of packaging in 14 days); the factory quotation of jinrihe chemical Co., Ltd. in Jinan was slightly lower than that a few days ago, which was 9500 yuan / ton, but the price was still 1000 yuan / ton higher than that half a month ago; the factory quotation of n-propanol in Jinan Mingwei Chemical Co., Ltd The reference price of packing is 10000 yuan / ton, which is 500 yuan / ton higher than half a month ago. In view of the dealer’s reservation on the price, the price is not easy to monitor, leading to specific negotiations or differences, and there are also differences in each region, with single negotiation as the main part.

 

Industry chain: isopropanol prices have been rising since mid March. In early April, prices continued to soar as export orders were delivered centrally and factories cut production temporarily due to accidents. Near the end of April, the price of isopropanol began to fall. Up to now, the negotiation range of Shandong isopropanol is about 12500-12800 yuan / ton, and Jiangsu isopropanol is about 12300-13000 yuan / ton. The negotiation range of isopropanol in South China is 12600-12700 yuan / ton. Influenced by the international situation, the isopropanol export in China will continue for some time. Many factory offers do not report, domestic trade inquiries more, take goods very cautious, few transactions.

 

3、 Future forecast

 

According to the analysts of business agency, the market of n-propanol is expected to stabilize after a slight decline in the short term.

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