According to the price monitoring data of the business club, as of July 16, the average reference price of domestic n-propanol was 6900 yuan / ton, which was 300 yuan / ton lower than that on July 12, a decrease of 4.17%; Compared with the price on July 1, the average price decreased by 1000 yuan / ton, or 12.66%.

At the beginning of July, a large factory in Shandong Province opened a new n-propanol production plant, the supply of n-propanol increased, and the market price of n-propanol decreased. In addition, the factory price of n-propanol loose water of the large factory was 6100 yuan / ton, and the suppliers of n-propanol in the factory fell one after another. Entering this week, on the 15th, the secondary market price of n-propanol in Shandong region of China decreased again by 400-500 yuan / ton. At present, as of July 16, the factory price of n-propanol loose water in Shandong Province is around 6100-7100 yuan / ton, and the market is still weak and stable. In Nanjing, the factory price of n-propanol loose water is 8000-8500 yuan / ton, and the market is stable. Because dealers and traders have reservations about the price, it is not easy to monitor the commodity price. The specific price is negotiated on a single basis. In addition, the quotation of each region is also different. The price is for reference only.

As for upstream ethylene, according to the monitoring data of the business community, the recent external price of ethylene fluctuated, showing an overall upward trend. On July 14, the price was US $1037.00/ton, and on July 16, the average price of ethylene was US $1048.75/ton, up 1.13%. The current price fell by 1.89% on a month on month basis, and the current price rose by 41.39% on a year-on-year basis. In the near future, the overall external ethylene market is on the rise. The price of ethylene in Asia rose. As of the 14th, CFR closed at US $995-1005 / T in Northeast Asia and US $960-970 / T in Southeast Asia. The price of ethylene market in Europe fluctuated and consolidated. As of the 23rd, FD in northwest Europe closed at US $1159-1169 / T, CIF in northwest Europe closed at US $1062-1072 / T. The price of ethylene in the U.S. fell. As of the 23rd, the price was $1152-1169 / ton. The recent external market of ethylene has been mixed. The price of ethylene in the U.S. has increased a lot in the early stage, but has dropped in the near future. On the whole, the external market demand of ethylene is good in the near future, the buying atmosphere is active, the transaction is good, and the ethylene market rises slightly.

Forecast of the future trend of propanol

At present, the domestic n-propanol market has dropped to a low point, and the current downstream demand is normal. Therefore, the n-propanol analysts of business club believe that in the short term, the n-propanol market will mainly maintain a weak consolidation operation.