1、 Price trend

According to commodity data monitoring, isopropanol prices rose slightly this week. At the beginning of the week, the average price of isopropanol in China was 8000 yuan / ton, and the average price at weekend was 8133.33 yuan / ton. During the week, the price decreased slightly, with the range of 1.67%.

2、 Market analysis

Isopropanol prices rose slightly this week. The price of raw material acetone rose sharply, and the price of propylene rose sharply, which directly led to the price rise of isopropanol. So far, the negotiation range of isopropanol in Shandong Province is about 8000-8500 yuan / ton, and that in Jiangsu Province is about 8200 yuan / ton. Zhejiang isopropanol negotiation range is around 8200 yuan / ton.

Chart: comparison chart of acetone and isopropanol price trend from July to September

In terms of raw materials, the price of raw material acetone rose sharply this week. At present, acetone shippers have full confidence in pushing up the price, and the offer is firm and low, and the factory offer has been raised in a narrow range for many times. In this week, the market price of acetone has increased by about 500 yuan / ton. Up to now, the market quotation in East China is 6850 yuan / ton; that in South China is 6900 yuan / ton; that in Shandong is 6850 yuan / ton; and that in surrounding markets of Yanshan is 6600 yuan / ton. It directly led to the rise of isopropanol price.

In terms of propylene, the market price of propylene in Shandong area rose sharply this week, with smooth shipment of propylene manufacturers and no pressure on inventory. According to the monitoring of bulk commodity data, the domestic average price of propylene was 6940.09 yuan / ton at the beginning of the week, and 7228.64 yuan / ton at the weekend. The price rose by 4.17% during the week.

3、 Future forecast

Chemical branch of the business club isopropanol analysts believe: raw materials acetone, propylene market prices both rise. Supported by cost, isopropanol market price rebounded. At present, the export situation is relatively stable, traders mainly wait and see, and downstream factories purchase on demand. It is expected that isopropanol will still have a small rise in the short term, focusing on the follow-up changes in isopropanol news.

1、 Trend analysis

According to the nickel price monitoring of the business agency, the nickel price rose first and then fell this week. As of the end of the week, the spot nickel price was 119250 yuan / ton, down 1.38% from the beginning of the week, 4.85% higher than the beginning of the week, and 18% lower than the same period of the same year. The recent trend of nickel price is better, and there is a correction at the weekend.

2、 Market analysis

Fitch raised its nickel price for 2020

Fitch raised its forecast for nickel prices in 2020. Prices remain unchanged in the medium to long term, reflecting possible tight supply as the Indonesian government still bans ore exports and may not be completely replaced by other nickel suppliers. Fitch expects strong long-term demand, especially from electric vehicle batteries.

Ore prices continue to strengthen

At the end of August, the price of low and medium grade nickel ore in Mysteel rose, while the price of high-grade nickel ore remained stable temporarily. Among them, Ni: 0.9% High Alumina ore CIF price is 33 US dollars / wet ton; Ni: 0.9% low aluminum ore CIF price is 43 US dollars / wet ton; Ni: 1.5% nickel ore CIF price is 60 US dollars / wet ton; Ni: 1.8% nickel ore CIF price is stable at 80 US dollars / wet ton.

As the Philippines is about to enter the rainy season, the domestic ferronickel plants are enthusiastic about the preparation of warehouses before the rainy season. The shortage of nickel ore supply has not been alleviated in this stage, and the shipping costs have been increased. As a result, the domestic nickel prices remain high and traders are reluctant to sell their goods.

Downstream stainless steel

This week, the downstream stainless steel prices rose, Wuxi inventory of the total number of each department, 300 series of resources is still in the process of rapid de stocking, which due to the relatively limited supply of hot rolling, the overall speed of stock removal is faster than that of cold rolling. The cold rolling increase of 300 series is less than that of hot rolling. Traders are more enthusiastic about increasing inventory, while terminals are purchasing on demand. The market price is higher, but the transaction is general. The demand for materials for home appliances is still showing signs of recovery, and the stainless steel end will also benefit from it.

New energy vehicles

The sales volume of new energy vehicles in Europe has surpassed that in China from January to July. The Chinese market is also recovering gradually, but it is still difficult for the market to exceed last year’s level. The demand for new energy battery is recovering, but the price of ternary precursor may not be able to follow the rise of nickel. The price of nickel sulfate is not as high as that of electrolytic nickel, and nickel sulfate is lack of low-cost resources.

3、 Future prospects

After market forecast: the ore supply is tight, the demand for new energy is improved, and the performance demand of stainless steel chain is better, especially the arrival of the peak season in September, which has boosted the nickel price. However, with the capacity expansion of Indonesia ferronickel project, the market is worried about the accelerated return of Indonesian ferronickel to China, which will lead to oversupply in the domestic market and drag down the nickel market. Nickel is expected to maintain a strong trend in the short term.

1、 Melamine price trend

(Figure: P value curve of melamine product)

2、 Market analysis

Recently (8.31-9.3) melamine market fell. According to the monitoring sample data of business agency, as of September 3, the average price quoted by melamine enterprises was 5366.67 yuan / ton, which was 3.01% lower than the beginning of the week (August 31) and 0.63% higher than that of August 3.

On August 31, the average quotation price of melamine enterprises was 5533.33 yuan / ton. Under the light downstream demand and the shipping pressure, the enterprises mainly reduced prices and absorbed orders. On September 2, the average quotation price of melamine enterprises dropped to 5400 yuan / T. at present, some units were shut down for maintenance, and the production of other enterprises was stable, and the operation rate of melamine was high. However, the downstream demand power was insufficient, the sales of enterprises were under pressure, and the market decline was prolonged In addition, the price of melamine fell to 5366.67 yuan / ton.

According to the data monitoring of the business agency, melamine prices in some regions (for reference only, the actual transaction price is mainly through negotiation): the price of melamine in some areas is higher than that in other regions

Regional date price remarks

Factory quotation of 5200 yuan / ton in Shandong Province on September 3

Ex factory quotation of 4800 yuan / T on September 3 in Xinjiang

Factory quotation of 5200 yuan / T on September 3, Sichuan

The factory quotation of 5000 yuan / ton on September 3, Henan Province

For upstream urea, according to the monitoring sample data of business agency, the factory price of urea in Shandong on September 2 was 1720 yuan / ton, and the urea commodity index on September 2 was 80.00, which was the same as yesterday, 29.89% lower than the highest point of 114.11 (2012-05-08), and 43.88% higher than the lowest point of 55.60 on August 17, 2016. (Note: the cycle refers to 2011-09-01 to now

3、 Future forecast

Melamine analysts of the business agency believe that at present, the supply of melamine market is sufficient. Due to the weak downstream demand, the digestion capacity of melamine supply is limited, and the market is not good enough. It is expected that in the short term, the melamine market will mainly operate under pressure, and more attention should be paid to the market news guidance.

Crude benzene commodity index was 39.03 on September 1, unchanged with yesterday, down 70.40% from 131.84 (2013-01-28), and 27.80% higher than the lowest point of 30.54 on April 8, 2020. (Note: period refers to 2011-09-01 to now).

Summary of price adjustment of pure benzene in Sinopec (North China) in August 2020 (unit: yuan / ton)

Price adjustment amount after date adjustment

August 5 3400 + 100

In August 2020, Sinopec only raised the price once. By the end of the month, Sinopec North China pure benzene implemented 3400 yuan / ton, up 100 yuan / ton compared with the same period of last month.

The crude benzene market fluctuated slightly at the beginning of this month. At the beginning of this month, the ex factory price of pure benzene was raised, the market atmosphere was boosted, and the price of crude benzene went up. Later, with the market price of pure benzene going down, the inventory of pure benzene in East China was high, the external news was weak, the shutdown of downstream units increased, and the demand for pure benzene was poor The crude benzene price rose with the improvement of downstream demand.

At the beginning of August, the pure benzene market continued the rising trend at the end of July and continued to rise. Since the middle of the year, the maintenance of downstream units has increased, and the willingness to lower the price is obvious, and the price of pure benzene in North China has declined significantly. The operating rate of petroleum benzene in August decreased by about 3% compared with the beginning of the month. Port inventory rose by about 15000 tons this month, dragging down market prices. Terminal demand phenol, caprolactam operating rate increased significantly, there is a certain demand support for the upstream. But the downstream profit is limited, and the price support is not strong.

Start up of some hydrogenated benzene units in August 2020

Enterprise name device status device capacity remarks

Shandong Shengyun chemical shutdown 100000 tons, restart time to be determined

Laiwu Iron and steel normal 100000 tons

The parking capacity of Shandong Jinneng Chemical Co., Ltd. is 100000 tons to be determined

Shanxi sanwei parking 200000 tons to be determined

Shandong Huineng chemical normal 200000 tons

In the near future, there are still many overhauls in hydrogenated benzene enterprises, but the overall operating rate has increased, which can reach more than 60%, slightly higher than that in the previous period, and the demand for crude benzene is increased.

In the future market, the business agency believes that the market cost pressure of hydrogenated benzene still exists. The price of pure benzene has been fluctuating in the near future. There are still many bad fundamentals. The sales of crude benzene are in general. The coking enterprises have started to operate well in the near future, and the rough labor supply is sufficient. It is expected that the future market will fluctuate mainly and the price will fluctuate slightly.

1、 Price trend

According to the large list data of business agency, the price of aniline rose slightly in August. On August 1, the price of aniline in Shandong was 4200-4300 yuan / ton, and in Nanjing was 4300-4400 yuan / ton; on August 31, the price of aniline in Shandong was 4250-4430 yuan / ton, and that in Nanjing was 4500-4600 yuan / ton, up 1.16% this month.

2、 Analysis and comment

In terms of raw materials, pure benzene market continued to rise at the end of July in early August. Since the middle of the year, the maintenance of downstream units has increased, and the willingness to lower the price is obvious, and the price of pure benzene in North China has declined significantly. Port inventory rose by about 15000 tons this month, dragging down market prices. On August 1, the listed price of pure benzene was 3230-3400 yuan / ton (average price was 3370 yuan / ton), and on August 31, it was 3020-3450 yuan / ton (average price was 3390 yuan / ton). The average price was 20 yuan / ton higher than that on August 1, up 0.59% this month.

The price of nitric acid in East China was 1533.33 yuan / ton on August 1 and 1500 yuan / ton on 31 August, which was 33.33 yuan / ton or 2.17% lower than that at the beginning of the month.

Aniline prices rose in the first half of this month, and began to stabilize in the middle of the month. In the first half of the month, Huatai overhauling reduced the market supply, and the enterprises in East China executed more orders, and the export sales decreased, and the price rose slightly. In the last ten days, due to the shortage of supply in East China, spot prices continued to rise. Huatai in Shandong Province is expected to restart, and enterprises will wait and see to stabilize prices.

3、 Future forecast

In terms of raw materials, in September, the downstream operating rate is expected to increase, the storage pressure of pure benzene port may be relieved, and the price is expected to break through in the later stage.

Huatai aniline plant restart, expected to increase supply. Enter the “golden nine silver ten”, focus on the recovery of downstream demand, aniline is expected to strengthen.

1、 Price trend

According to the data from the business club’s bulk list, the average ex factory price of domestic caprolactam liquid on August 1 was 9566 yuan / ton, while that on August 31 was 9450 yuan / ton. The price fell by 1.22% this month.

2、 Market analysis

Domestic caprolactam fell first and then rose in this month. The negative factors increased in the first ten days of August, and the price of caprolactam began to decline. The price gradually stabilized in the middle of August and rose steadily to the end of the month. As of the end of the month, the price of caprolactam liquid of Shandong Luxi Chemical Co., Ltd. was 9000 yuan / T, and the factory had delivered the factory in cash, with a capacity of 300000 tons. The actual transaction can be discussed. Nanjing Dongfang caprolactam liquid price is 9900 yuan / ton. The 400000 tons / year plant starts normally, and the caprolactam unit operates normally. Baling Hengyi caprolactam liquid price is 9700 yuan / T, 450000 tons / year, the plant is normally started up, accepted and delivered. The price of caprolactam liquid of Baling Petrochemical Company is 9700 yuan / ton, and the 300000 tons / year unit is normally started and accepted.

Raw material pure benzene rose 0.59% this month. At the beginning of August, the pure benzene market continued the rising trend at the end of July and continued to rise. Since the middle of the year, the maintenance of downstream units has increased, and the willingness to lower the price is obvious, and the price of pure benzene in North China has declined significantly. In September, the downstream operating rate is expected to increase, the pure benzene port inventory pressure may be relieved, and the price is expected to break through in the later stage.

3、 Future forecast

Caprolactam analysts believe that this month’s raw material pure benzene inventory more, the cost of heavy pressure. With the improvement of downstream demand, polymerization plant trading is good, caprolactam market or gradually better. Caprolactam prices are expected to rise in September.

he domestic acetone market showed a trend of falling first and then rising in August, and the momentum of the rise was sufficient near the end of the month. According to the monitoring data of the business agency, on August 1, the national average price of acetone was 6100 yuan / ton, on August 8, the national average price of acetone was 5362 yuan / ton, with the market down by 12.09%; on August 31, the average price of national acetone market was 6370 yuan / ton, and the market was up 18.79% in the middle and late ten days. Among them, the East China market declined from 5800 yuan / ton on August 1 to 5250 yuan / ton on August 7, and the East China market fell by 9.48% in the first ten days, 6380 yuan / ton by the end of the month, and 21.52% in the acetone market in the middle and late ten days.

Average price trend of acetone in national market

In September, the acetone market continued its upward trend. The offer in East China was as high as 6850 yuan / ton, and the average price of acetone in the national market was over 6700 yuan / ton. And the current acetone supply is relatively concentrated, the factory raised the price many times, the market confidence is sufficient.

Average price trend of acetone in East China market

At the beginning of August, petrochemical enterprises concentrated to drop 600 yuan / ton to 5800 yuan / ton. However, with the expected broadcast of a large amount of acetone arriving in Hong Kong, the shippers were under pressure and were anxious to ship goods. Low price goods were frequently found in the market. The market was once down to 5250 yuan / T. at this time, the bottom reading mentality increased, the replenishment mood of terminal factories increased, the volume of real offer continued to increase, and the enthusiasm of intermediate traders to enter the market increased In the case of large volume and increasing market inquiries, the activity has been significantly improved. In the middle of the year, the market has reversed. Large factories have been stocked in the market, and there are also large traders receiving goods. The market has stopped falling and pushed up.

In the middle and late ten days, the market continued to rise, and domestic factories raised their listing prices to help the market. At this time, affected by the typhoon, the arrival of imported goods was delayed, the unloading was delayed, and the port inventory continued to decline. The market quotation continued to rise, and the market price continued to rise, so it was difficult to find a low price. As of the end of August, the mainstream offer in East China was 6400 yuan / ton, that in South China was 6450 yuan / ton, that in Shandong was 6400 yuan / ton, and that in surrounding areas of Yanshan was 6250 yuan / ton. As of the end of August, the domestic plant operation was at a high level, about 90%. Sinopec’s 400000 T / a phenol ketone plant was restarted on August 24. Zhejiang Petrochemical Company has started but has not yet discharged materials. The operating rate of other petrochemical plants is above 90%. It is estimated that the 150000 T / a phenol ketone plant in blue star Harbin will be shut down for one month in early September, and other plants will remain in the current state.

In August, the raw material support was good, in which Sinopec’s pure benzene price increased by 100-150 yuan / ton, the mainstream market offer was 3450 yuan / ton, the cumulative price increase of acetone in Sinopec was about 200 yuan / ton, the implementation of 6850-6900 yuan / ton, the cost of phenol and ketone increased, and the co product of acetone phenol declined slightly under the deadlock in August, so there is more profit space for the phenol ketone factory Focus on acetone market.

At present, the market in September is very good, and the factory has raised the factory price slightly in two working days. At present, Sinopec’s offer is 6500-6600 yuan / ton, while the East China market’s offer is pushed up to 6850 yuan / T. in September, Bluestar Harbin phenol ketone plant has a maintenance plan, but it is expected that in September, the 650000 T / a phenol ketone plant of Zhejiang Petrochemical may produce products, and the theoretical value of domestic acetone supply There will be an increase. The supply of imported goods will be normally supplied in accordance with the contract for the time being. On the whole, the supply side is relatively adequate.

From the downstream point of view, the operating rates of isopropanol, MMA and MIBK are relatively stable, but the market offer is relatively firm, and the operating rate of bisphenol a still has a tightening trend. Among them, the average operating rate of other units is 85% in Sinopec Mitsubishi unit shutdown, and the market offer of bisphenol A has been pushed up to more than 11000 yuan / ton, which shows that the downstream of the industrial chain is generally better.

From the perspective of business associations, since August, more than 100 chemical products tested by the business associations show that the chemical industry index has shown a unilateral upward trend. On August 1, the chemical industry index was 662 points, and as of September 2, the chemical industry index was 694 points, up 4.74%. The chemical industry chain showed a steady upward trend. From the industry point of view, “gold nine silver ten” is worth looking forward to, but the current acetone market starts high and comprehensive From the point of view, the operating rate has little change, while the purchase of terminal factories is stable and recommended. In terms of import, the near ocean source of goods is general, but the contract transportation is normal. The business association predicts that the short-term acetone market will remain at a high level, estimated at 6800-7000 yuan / T, but the market lacks sustained action. In terms of the overall upward trend of the industry, the market in September is worth looking forward to. However, after the epidemic, many people in the industry predicted that the market would recover in stages this year. It is impossible for the market to continue to rise unilaterally. It should be a periodic upward trend in repeated periods. It is expected that the trend of acetone market will be basically consistent with that of the chemical industry.

According to the monitoring data of the business agency, hydrogen peroxide first fell and then rose in August. Since the 10th, the price gradually rose, and the price continued to fluctuate at a high level in the middle and late ten days, and the price dropped slightly near the end of the month. In September, hydrogen peroxide showed a rising trend again. On September 2, the average market price of hydrogen peroxide was 933 yuan / ton, up 0.72% compared with the end of August. From August 10 to September 2, the hydrogen peroxide market has risen nearly 4%.

According to the monthly rise and fall chart of hydrogen peroxide from January to August in 2020, it can be seen that the price of hydrogen peroxide in the first eight months is still falling more or less, with a larger drop in February and April, both exceeding 10%, and a relatively small decline in March, may and August. Prices rose mainly in January and June, with the largest increase of more than 30% in June. After June, the price of hydrogen peroxide continued to decline by nearly 9% in July. In August, due to the excessive price drop in the first week, the price in the second half of the year had been rising, but the overall situation of the decline was not changed, with the overall decline of more than 2%.

Caprolactam is on the rise now; hydrogen peroxide gold market is expected

Starting from August, the price of terminal caprolactam continued to drop by more than 9% due to the weak market of upstream pure benzene. In September, caprolactam prices showed a rising trend due to the shortage of supply due to the equipment maintenance of pure benzene manufacturers. As of September 2, the average market price of caprolactam was 9616 yuan / ton, which was 1.76% higher than that at the end of August.

On September 2, the commodity price index of hydrogen peroxide and caprolactam was 141.76, which was 1.48 points lower than yesterday, 24.57% lower than 187.94 points (October 29, 2019), and 57.77% higher than 89.85 points, the lowest point on January 29, 2019. (Note: cycle refers to the period from January 1, 2019 to the present)

The market of caprolactam is on the rise, and manufacturers are more enthusiastic about purchasing hydrogen peroxide, and the price of hydrogen peroxide is rising. The average price of hydrogen peroxide in domestic market is 900-1100 yuan / ton, which is about 50 yuan / ton higher than that at the end of August.

The gold, silver and ten of paper industry is approaching, and hydrogen peroxide is expected to rise

In mid August, corrugated paper prices were running in a weak position. Leading paper mills such as Liwen, Jingxing and jinfenghuang reduced their prices. This round of falling prices affected seven provinces. In addition, the domestic market has been impacted by the increase in the arrival of paper products. Corrugated paper has been stabilized after a weak decline. The traditional consumption season of the paper industry has arrived, and the market expectation of “gold nine silver ten” has increased, which stimulates the recovery of hydrogen peroxide Market, and the future growth is expected.

Li Bing, hydrogen peroxide analyst of business agency, believes that: the golden age of hydrogen peroxide terminal is coming, rigid demand is increasing, and hydrogen peroxide is expected to continue to rise in the future, and get rid of the downturn completely.

1、 Price trend

According to the big list data of business club, the listed price of pure benzene on August 1 was 3230-3400 yuan / ton (with an average price of 3370 yuan / ton), and that on August 31 was between 3020 and 3450 yuan / ton (with an average price of 3390 yuan / ton). The average price was 20 yuan / ton higher than that on August 1, up 0.59% this month.

2、 Analysis and comment

At the beginning of August, the pure benzene market continued the rising trend at the end of July and continued to rise. Since the middle of the year, the maintenance of downstream units has increased, and the willingness to lower the price is obvious, and the price of pure benzene in North China has declined significantly.

The operating rate of petroleum benzene in August decreased by about 3% compared with the beginning of the month. Port inventory rose by about 15000 tons this month, dragging down market prices.

In terms of crude oil, the international crude oil price in August showed an upward trend, and supply and demand were still the main factors restricting the price recovery. Compared with July 31, Brent oil price increased by 1.99 USD / barrel, or 4.64%; WTI oil price increased by 2.33 USD / barrel, or 5.74%. Compared with December 31, 2019, Brent oil price decreased by 32.79%; WTI oil price decreased by 29.41%.

In August, the external market fluctuated in a narrow range. On August 31, South Korea imported 421.33 US dollars / ton of pure benzene, a decrease of 28.67 US dollars / ton, or 6.37% compared with the previous month; and that of East China was 437.5 US dollars / ton, down 7.5 US dollars / ton, or 1.69% compared with the previous month

On the downstream side, styrene: the styrene price dropped sharply after rising slightly at the beginning of this month, and then rebounded in the last ten days, and the overall price was lower than that at the beginning of the month. On August 1, the price of styrene in Shandong was 5333.33 yuan / ton, while on August 31, it was 5300 yuan / ton, with a monthly decrease of 0.62%. The highest price of this month appeared on August 6-9, with the price of 5366.67 yuan / ton; the lowest price appeared on August 21-23, with the price of 5133.33 yuan / ton.

Aniline: on August 1, the price of aniline in Shandong was 4250-4330 yuan / ton, and that in Nanjing was 4300-4500 yuan / ton; on August 31, the price of aniline in Shandong was 4250-4430 yuan / ton, and that in Nanjing was 4400-4600 yuan / ton, an increase of 1.16% this month.

3、 Future forecast

In terms of crude oil, crude oil in September is expected to rise as a whole and continue to pay attention to the impact of public health events.

In September, the downstream operating rate is expected to increase, the pure benzene port inventory pressure may be relieved, and the price is expected to break through in the later stage.

According to the monitoring data of the business agency, as of August 31, the average ex factory price of domestic n-butanol was 5716.67 yuan / ton. Compared with August 15, the average price of domestic n-butanol decreased by 33 yuan / ton, or 0.58%; compared with August 1, the average price of domestic n-butanol increased by 200 yuan / ton, or 3.64%. From August 1 to August 31, the maximum amplitude was 4.24%.

The market of n-butanol rose steadily in the first ten days of August

Since the beginning of August, China’s n-butanol market began to rise steadily. The high price of raw material propylene and propylene gave the cost support to n-butanol manufacturers. The factory inventory was low. The quotation price of n-butanol continued to rise. The manufacturers mainly delivered the contract orders, the downstream replenishment was more positive, the purchasing mentality was good, the cost pressure was increasing, the volume of goods was limited, and the market offer was firm Market prices are running at a high level. As of August 15, the average ex factory price of domestic n-butanol was 5733.33 yuan / ton. Compared with August 1, the average price of domestic n-butanol increased by 233 yuan / T, or 4.24%.

In late August, the market of n-butanol turned weak and maintained stability

In late August, the overall stability of domestic n-butanol market was mainly maintained. The downstream demand has weakened, the preliminary maintenance has been completed, the plant operating rate has increased, and the inventory has increased. The offers of some factories in Shandong Province have been slightly reduced by 50-100 yuan / ton. Propylene high support, high cost pressure, n-butanol downward space is limited, the market overall market consolidation run for a week. In the last week of August, the downstream demand of n-butanol weakened again, the transaction was general, and the negotiation of new orders was limited. On the 27th, some factories again slightly lowered the ex factory price of n-butanol by 50-100 yuan / ton. As of August 31, the average ex factory price of domestic n-butanol was 5700 yuan / ton. Compared with August 1, the average price of domestic n-butanol increased by 200 yuan / ton, or 3.64%.

Prices of n-butanol in some regions of China in August (data for reference only, unit: yuan / ton)

8 / 1 up / down

N-butanol in East China 5700 5800 + 100

South China 5900 6100 + 200

North China 5700 5800 + 100

Northeast China 5500 5600 + 100

On the upstream side, in August, the domestic propylene (Shandong) market price rose and broke through the original range, and then fluctuated and stabilized, with 6848 yuan / ton at the beginning of the month, 6940 yuan / ton at the end of the month, with a monthly increase of 1.34%; the monthly low price appeared on August 4, with a monthly price of 6826 yuan / ton, and the monthly high price appeared from August 10 to 13, with a monthly amplitude of 3.08%. The price of propylene fluctuated periodically in August, with a breakthrough in the price range at the beginning of the month. At the beginning of August, the price was at a high level in the range. Since the end of the week, the price of some enterprises has been slightly up and down, but it has remained stable since the end of the week. On the 5th, the prices of some enterprises have been slightly stable. From 6th to 10th, the first round of rising trend of breaking through the range of this month has been started. From the 11th to the 16th, the price has continued to decline, and on the 17th, it has been stable for more than 10 days Most manufacturers still keep their prices stable. On the 29th, the prices dropped by about 50 yuan / ton, and then continued to stabilize. At present, the market turnover is between 6880 yuan / ton and 7250 yuan / ton, and the mainstream price is about 6900 yuan / ton. Propylene manufacturers to ship smoothly, inventory without pressure.

Under the pressure of cost, the space of n-butanol negotiation is limited, and the future market is mainly multi-dimensional stable

At present, the domestic n-butanol market continues to be flat, with small orders as the main deal, and large orders are rare. The attitude of the operators is to wait and see. The high price of raw material propylene supports the cost of n-butanol, and the profit pressure of the plant is large. Therefore, the market discussion space is limited. It is expected that the domestic n-butanol market will maintain stable operation in the short term.