On January 20, China’s domestic n-propanol market was stable, and the latter was mainly stable

1、 Price trend

According to the data monitoring of the business agency, the market of n-propanol was weak and stable as of January 20, and the average comprehensive quotation of the sample enterprises was basically the same as that of last Monday (January 13). On January 20, the n-propanol commodity index was 91.32, unchanged from yesterday, down 9.79% from 101.23 (2013-12-12), the highest point in the cycle, and up 15.81% from 78.85, the lowest point on November 5, 2015. (Note: cycle refers to 2013-12-01 to now).

2、 Market analysis

Product: at present, the domestic n-propanol market is stable. From January 5 of the beginning of the month, the monitoring data shows that the domestic n-propanol market has been stable since the comprehensive average price of the market was increased by 200 yuan / ton. The market fluctuation is not big, the trading and investment are flat, the supply-demand relationship is still in a relatively balanced state, and the market is mostly stable near the Spring Festival. On January 20, the apron in Nanjing area was around 8500-8900 yuan / ton. Dealers of imported n-propanol offer different prices at 10500-12000 yuan / ton (including tax in barrels). Zhangjiagang Free Trade Zone xiangcang Trading Co., Ltd. offers 10500 yuan / ton of n-propanol to the outside (barreled / Dalian, Taiwan); domestic Nanjing Rongxin Chemical Co., Ltd. has normal start-up of n-propanol production plant, and offers 8500 yuan / ton to the outside (bulk water).

Industry chain: the market of propylene oxide has been running steadily since the average price of propylene oxide fell by 200 yuan / ton on the 13th. The demand in the downstream is weakened, and the high-end shipment is blocked. The main factories reduce the quotation and actively ship. The enthusiasm of the downstream polyether users to make up for the low price and stock up is slightly improved. The inventory of propylene oxide manufacturers is low, and the transaction is stable. On the 20th, the cash delivery price in Shandong mainstream market of Wanhua chemical was 9750 yuan / ton. At present, the mainstream price of propylene oxide Market in East China is around 9750-9850 yuan / ton, that in Shandong is around 9450-9600 yuan / ton, and that in South China is around 9600-9700 yuan / ton.

3、 Future forecast

According to the prediction of the business agency: it is expected that the domestic price of n-propanol will continue to stabilize temporarily after the festival, and there may be a slight increase in some areas. Pay attention to the cost of raw materials and supply of goods.