Entering June, the price of domestic normal propanol market in China fall again

According to the price monitoring data of business agency, as of June 8, the reference average price of domestic n-propanol was 8333 yuan / ton, and the average price decreased by 200 yuan / T, or 2.34% compared with the price on June 1; On May 1, the price ratio was down by 1000 yuan / ton, or 10.71%.


In May, the market price of n-propanol in Shandong Province declined significantly. In June, the overall improvement of the market is not large, and the downstream demand is general. In addition, the raw ethylene external market market in June has been under supported by the fluctuation of the market, and the overall operation of the market is weak. On June 8, the market price of n-propanol in Shandong Province decreased by 200-300 yuan / ton, compared with the previous working day. At present, as of the 8th, the factory price of n-propanol in Shandong Province has decreased to 7900-8300 yuan / ton (bulk water), and the price of high-end market offer has been greatly reduced. Compared with the end of May, the price of high-end market offer has decreased, with the maximum reduction of about 500 yuan / ton. The market price of n-propanol in Nanjing is relatively stable, among which Nanjing Rongxin Chemical Co., Ltd. and the normal operation of n-propanol plant. The ex factory quotation of n-propanol is 8500 yuan / ton (bulk water).

In the upstream propylene aspect, on June 7, the price of propylene in Shandong Province was temporarily stable. According to the price map of business agency, after a substantial increase of 150-250 yuan / ton on the 3rd, the market is reorganized and operated today. Some enterprises have slightly reduced 50 yuan / ton, and the current market transaction has risen to 8050-8150 yuan / ton, with the mainstream price of about 8050 yuan / ton. On June 4, the US propylene price rose, which was positive for the propylene market. At present, there is not much stock in propylene market, and some equipment maintenance is still not finished, and no external quotation is temporarily made. Recently, the international crude oil market events have been constantly, the price fluctuates, and the crude oil price rises, which has a positive impact on the propylene market. The overall operating rate of downstream is general, butanol unit has recovered, and the market continues to improve, and it has a slight pull-up effect on propylene.

Upstream ethylene, the recent external ethylene market overall trend of decline. As of the 4th, the market of ethylene market in Europe, FD northwest Europe quoted us $1303-1316 / T, down 23 USD / T, CIF northwest Europe quotation of USD 1323-1334 / T, down 18 USD / T. The US ethylene market, FD US Bay quoted 677-689 USD / ton, the recent U.S. ethylene market market fell, demand was poor. The market of ethylene in Asia, CFR Northeast Asia quoted $1017-1025 / T, down $5 / T, CFR Southeast Asia quotation 962-970 USD / T, down $5 / T.

N-propanol will operate steadily in the short term

At present, the domestic market of n-propanol is weak as a whole, the price difference in the field decreases after the price goes down, and the price difference is more reasonable. Therefore, analysts of business society believe that in June, the domestic market of n-propanol can stop falling and stabilize, and it is mainly stable to operate. It is not excluded that individual dealers can adjust the spot price of n-propanol slightly according to their own conditions, More attention should be paid to the cost of raw materials and supply of goods in the later period.


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