1、 Price trend

According to the price monitoring data of business agency, on March 27, according to the average comprehensive quotation of sample enterprises, at present, the mainstream reference quotation of domestic n-propanol containing packaging is around 9200-10200 yuan / ton, and the reference price of bulk water is around 9500-9000 yuan / ton.

2、 Market analysis

Product: this week, the domestic market of n-propanol is mainly stable, the quotation of dealers in some regions has been adjusted downward, and the overall market is small. At present, Nanjing Rongxin Chemical Co., Ltd., the manufacturer of n-propanol in Nanjing, maintains the factory price of n-propanol purified water at 8500 yuan / ton; the dealers in Nanjing quote about 9000 yuan / ton for purified water; in Shandong, the barrel dealers quote about 9200-10000 yuan / ton for reference and 8700-9000 yuan / ton for the low end of bulk water. The price of imported n-propanol bulk water is around 9500 yuan / ton as quoted by traders and 10000-12000 yuan / ton as barrel price. Among them, the quotation of imported n-propanol in barrels in Shanghai is relatively high. In view of the dealers’ reservation on the price, the price is not easy to monitor, which may lead to specific negotiation situations or differences. There are also differences in each region, and the actual single negotiation is the main one.

Industrial chain: on March 25, the market price of propylene in Shandong Province rose slightly. In March, the price of propylene in Shandong began to decline. On the first day, the price of some enterprises picked up slightly. On the second day, the price of the whole line rose slightly. On the third day and the fourth day, the price of most enterprises generally rose. On the fifth day, the price of some enterprises increased by about 50-100 yuan / ton. On the sixth day, the price of enterprises fluctuated up and down, but the range was small. On the tenth day, the price generally fell by 50-100 yuan / ton. On the eleventh day, the price slightly fell by 50 yuan / ton. On the twelfth day, the price of some enterprises rose slightly There was a slight decline of 50-100 yuan / ton, and the price fell by 200-300 yuan / ton on the 13th. On the 16th, the price was stable again. On the 17th, 18th and 19th, the price fell continuously. Since the 20th, the price has remained stable, and on the 24th, the price slightly increased. Today, the price continues to rise. At present, the market turnover is between 5750-6000 yuan / ton, and the mainstream price is around 5800 yuan / ton. Influenced by the OPEC meeting and various international economic policies, the international crude oil prices went up and down sharply: on the 16th, the prices fell again sharply, on the 17th, on the 18th, they went down sharply, on the 19th, they picked up slightly, on the 20th, they went up obviously, on the 23rd, they went down obviously, and on the 24th, they picked up again. Due to the low production and inventory before propylene, the early decline is not significant, and the late follow-up trend is also obvious, but it started to rise yesterday. It is expected that propylene prices will continue to callback in recent days, but the range is limited.

3、 Future forecast

According to the analysts of business agency, the overall supply and demand of domestic n-propanol market is basically stable, and it is expected that the market will still be weak and stable in the future. It is not ruled out that the market as a whole is subject to small price changes due to inventory and other factors.