According to the monitoring data of business agency, as of August 24, the average ex factory price of domestic n-butanol was 6600 yuan / T, which was 766 yuan / t lower than that on August 1 (the average reference price of n-butanol was 7366 yuan / T), a decrease of 10.14%.

It can be seen from the data monitoring chart of the business agency that since August, the overall market of n-butanol in Shandong Province has shown a fluctuating downward trend. In the first ten days of August, affected by insufficient downstream demand, the n-butanol market continued to decline. As of August 15, the low-end price of the n-butanol market had dropped to about 6500 yuan / ton, with a drop of more than 10% in the first ten days. In late August, as the market price of n-butanol fell to the low point, the transaction in the market improved. After some factories took effect in destocking, the price increased slightly. On August 19, the market price of n-butanol was around 6700-6900 yuan / ton. However, the downstream operating rate is general, and the demand is still insufficient. Near the end of the month, the market price of n-butanol drops again. Some n-butanol factories reduce the price of n-butanol by about 100-200 yuan / ton. As of August 24, the ex factory price of n-butanol in Shandong Province in China is around 6400-6800 yuan / ton, with a decrease of 10.14% in the month. At present, the trading volume of n-butanol in the market is general, and the trading volume is weak.

In terms of upstream propylene, since August, the overall propylene market in Shandong has been in a downward trend. According to the data monitoring of business agency, on August 23, the reference price of propylene was 6860.60 yuan / ton, a decrease of 6.64% compared with that on August 1 (7348.60 yuan / ton).

Post market analysis of n-butanol

At present, the trading atmosphere of the n-butanol market is weak, the confidence of the industry is general, the downstream operation is low, and the supply and demand transmission is relatively slow. The n-butanol datagrapher of the business society believes that in the short term, the domestic n-butanol market in Shandong will mainly be operated in the interval, and more attention needs to be paid to the changes of raw materials and supply and demand.