According to the monitoring data of business agency, as of August 13, the average ex factory price of n-butanol in Shandong was 14833 yuan / ton. Compared with the price on August 9 (the reference average price of n-butanol was 15233 yuan / ton), the average price was reduced by 400 yuan / ton, a decrease of 2.63% within the week; Compared with the price on August 1 (the reference average price of n-butanol was 15100 yuan / ton), the average price was reduced by 267 yuan / ton, a decrease of 1.77%.

This week, affected by the poor transaction of high-end price, the high-end price of n-butanol in domestic Shandong market has been declining since the beginning of the week. On the 9th of the week, the market price of n-butanol in domestic Shandong was around 15000-15400 yuan / ton. On the 13th of the weekend, the market price of n-butanol in domestic Shandong was around 14700-15100 yuan / ton, with a decrease of 300 yuan / ton. At present, After the price of n-butanol went down, the market inquiry atmosphere was good, the low-end price transaction was good, and the downstream butyl users filled their positions at a low price. Most of the purchases were just in need of replenishment. At present, the high-end price transaction in the market is still general. As of the 13th of the weekend, according to the monitoring data of the business agency, the average ex factory price of n-butanol in Shandong was 14833 yuan / ton. Compared with the price at the beginning of this week, the average price was reduced by 400 yuan / ton, a decrease of 2.63% during the week.

Upstream, in late July, the domestic propylene oxide price fell. In August, propylene oxide stopped falling and rose, and the market situation continued to rise. As of August 13, the reference price of propylene oxide was 17025 yuan / ton, an increase of 4.45% compared with August 1 (16300 yuan / ton).

Future analysis of n-butanol

At present, after the price of n-butanol goes down, the goods taking situation in the downstream has improved, the transaction atmosphere has improved slightly, the inventory level of some factories has decreased, and the supply pressure has a certain support for the future market of n-butanol. Therefore, the n-butanol analysts of business society believe that in the short term, the n-butanol market in Shandong can remain stable or slightly callback.