According to the monitoring data of business agency, as of May 6, the average ex factory price of n-butanol in Shandong was 10200 yuan / ton. Compared with the price on May 1 (the average reference price of n-butanol was 9166 yuan / ton), the price increased by 1034 yuan / ton, or 11.27%.

It can be seen from the data monitoring chart of the business agency that during the May Day Labor Day, the domestic n-butanol market was smoothly sorted and operated. After the festival, the domestic n-butanol market ushered in a wide rise. On the 5th, the n-butanol factories in Shandong generally raised the ex factory price of n-butanol by 300-700 yuan / ton, with a single day increase of more than 8%. On the 6th, the overall market price of n-butanol in Shandong continued to rise, and the low-end quotation in the venue was raised again, with an increase range of 300-500 yuan / ton. The high-low price difference of n-butanol narrowed, and the market price of n-butanol in Shandong broke the 10000 yuan mark, with a reference of 10100-10500 yuan / ton. The ex factory price of n-butanol in South China is around 10600-11000 yuan / ton. At present, after the festival, the inventory of n-butanol plants remains low, and the supply side gives support. The n-butanol industry makes a firm offer. In the downstream, downstream factories mostly take the attitude of just in need purchase of raw materials after the wide rise. Some downstream plants have certain raw material reserves before the festival, mainly real and small orders.

In terms of upstream propylene, after the May Day holiday, the domestic propylene market in Shandong Province as a whole showed an upward movement. According to the monitoring data of business society, the reference price of propylene was 8660.80 yuan / ton on May 5, up 2.93% compared with 8414.60 yuan / ton on May 1.

Future analysis of n-butanol

At present, after two days of continuous rise in the n-butanol market, the trading atmosphere on the floor is cautious, and the downstream has also increased the wait-and-see mood towards high prices. The n-butanol data division of the business society believes that in the short term, the domestic n-butanol market will mostly focus on high-level consolidation and operation, and the specific trend needs to pay more attention to the changes in supply and demand.