I. price trend

According to the data monitoring of the business agency: as of November 18, according to the data of several sample quoted enterprises, the main quoted price in the market of n-propanol dealers is about 10600 yuan / ton, down by 1.8% compared with last Friday (November 15).

II. Market analysis

Product: last week, the market of n-propanol was stable in a narrow range, the overall trend of upstream ethylene market was stable and rising, and the cost support was relatively stable. Recently, the inventory of some manufacturers in Nanjing is normal, domestic bulk demand and supply are contracted, production and operation are normal, and the supply-demand relationship is generally in a relatively balanced state. The market sales of n-propanol industry is general. As a solvent, the demand of the factory is relatively stable, the trade between factories is more, and the sales through distributors is less. At present, the ex factory price of n-propanol in Jiangsu, Zhejiang and Shanghai is 8900-9300 yuan / ton, and the normal operation of 60000 tons / year n-propanol plant in Nanjing Rongxin Chemical Co., Ltd. today, the ex factory price of the plant is 9100 yuan / ton. On November 18, the quotation of domestic n-propanol dealers was lowered compared with that of last week, with an adjustment range of 200 yuan / ton. At present, the quotation of domestic n-propanol dealers is around 10100-11000 yuan / ton. In view of the dealers’ reservation on the price, the price is not easy to monitor, leading to specific negotiation conditions or differences, and there are differences in each region, and the actual negotiation is the main one.

Industrial chain: since last week, the overall trend of ethylene has been rising. Prices in the Asian ethylene market rose sharply. As of the end of last week, CFR Northeast Asia closed at US $797-805 / ton, and CFR Southeast Asia closed at US $827-835 / ton. Prices in the European ethylene market fell slightly. As of the end of last week, the price in the European ethylene market was FD northwest Europe, which closed at $909-912 / ton, and CIF northwest Europe, which closed at $821-832 / ton. The price of ethylene in the U.S. region rose. As of the end of last week, the price was 435-447 USD / ton. Overall, the market of ethylene rose. The industry pays more attention to the supply and demand after the festival.

III. future forecast

According to the prediction of the business agency, it is expected that the domestic n-propanol market will run smoothly and fluctuate in a narrow range in the near future. In the later stage, we need to pay more attention to the cost of raw materials and the supply of goods.