China’s domestic n-propanol market finish on high level, downstream rigid demands follow up

According to the price monitoring data of business agency, as of July 23, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11900 yuan / ton, which was basically stable compared with the price on the first day of this month; compared with the price on June 1, the average price increased by 733 yuan / ton, or 6.57%.

 

EDTA

Since July, the market of n-propanol is high and stable

 

Since the beginning of July 7, the overall market of n-propanol in China has been running stably. The domestic isopropanol market continued to fall sharply this month, and the price had already fallen below 10000 yuan / ton. Therefore, the price advantage of n-propanol as solvent has begun to be reduced. At present, the market of n-propanol is weak, the market just needs to follow up, the trading atmosphere is general, the overall inventory level of the market is low, and the enterprise’s offer is still firm. According to the price monitoring data of the business agency, on July 23, the domestic n-propanol market quotation was relatively stable and fluctuated in a narrow range. In Zibo area of Shandong Province, the bulk water is around 10500-10700 yuan / ton, and the barrel is 11300-11600 yuan / ton; in Nanjing area, it is around 10800-11100 yuan / ton. In Nanjing Rongxin Chemical Co., Ltd. (formerly Nanjing Wujiang Chemical Co., Ltd.), the n-propanol production unit starts normally, and the n-propanol offers 11000 yuan / T (bulk water). At present, the sales situation of n-propanol market is relatively stable, and most manufacturers in Nanjing maintain stable quotation. Dealers in different regions still have reservation on the price. It is not easy to monitor the price. As a result, the specific negotiation situation may be different. There are differences in each region. The actual negotiation is the main one. The future market needs to wait and see the change of raw material price and shipment.

 

Melamine

In terms of raw materials, since July, the ethylene market has risen first and then decreased, then stabilized in the near future and then recovered slightly. On the first few days of the month, the overall ethylene market rose slightly. From the 7th, the external market of some ethylene fell, and the decline continued to be stable after the middle of July. Period ethylene overall showed a small upward trend. The price of ethylene market in Asia remained stable. The average price of ethylene on 21 days was 738.50 US dollars / ton, up 0.20% from 743.25 dollars / ton in the previous trading day. The current price rose by 2.88% month on month, and the current price decreased by 16.44% compared with last year. As of July 22, CFR closed at $795-805 per ton in Northeast Asia and $700-710 in South East Asia. The price of European ethylene market rose. As of the 22nd, the European ethylene market price was FD, northwest Europe closed at 754-764 US dollars / ton, CIF northwest Europe closed at 695-703 US dollars / ton. The price of ethylene in the United States remained stable. As of the 22nd, the price was 335-353 US dollars / ton. Generally speaking, the ethylene market in Europe and the United States has increased steadily in recent years. The demand of the whole ethylene market is fair, and the trading atmosphere is general, and the increase is small.

 

Narrow range shock control market high level of n-propanol may continue

 

It is expected that the price of n-propanol may decline due to the influence of market demand in the near future, but the overall fluctuation is limited due to the support of raw materials. In addition, in the early stage, the supply and demand of n-propanol market remained relatively stable under the premise that the solvent effect was not widely used. Therefore, although the market returns to the previous demand market again, it is expected that under the active control of the production by the factory, the high level market of n-propanol is not affected by the fluctuation, and the narrow range adjustment may still be in the period.

EDTA 2Na