Butanol's rapid rise has exceeded 24% after the holiday

As of May 14, the average ex-factory price of n-butanol in Shandong is 16166 yuan/ton.
Compared with the price on May 5 (the reference average price of n-butanol is 13000 yuan/ton), the average price is increased by 3166 yuan/ton.
The post-holiday increase was 24.
36%
.


The spot shortage just needs to support the post-holiday market for

n-butanol soaring by over 24%.
After Labor Day, the domestic market for n-butanol has risen sharply, with a total increase of 19.
54% in the first three days after the holiday
.
Subsequently, the market continued to move up steadily, and the low-end market prices continued to rise.
As of the 14th, the cumulative increase in the post-holiday n-butanol market had reached 24.
36% compared with the pre-holiday price
.


The reason for the sharp increase in the market price of n-butanol was mainly due to the overhaul of the n-butanol device after the holiday.
The overall operating rate of the plant was low.
The downstream users of butyl acrylate just needed to purchase raw materials, and the demand was stable to support the upward support of n-butanol.
The spot of n-butanol The supply is tight, and the market is in short supply.
Therefore, the factory offer price has risen all the way.
On June, July, and August, the market price of n-butanol in Shandong rose to 14,700-16,000 yuan/ton, and the price increased by 1700-3000 compared to before the holiday.
Around RMB/ton
.
Then into the next week, the price spread of n-butanol continued to shrink, and low-end prices continued to rise.
On the 10th, Shandong Lihuayi's ex-factory price of n-butanol increased to 16,000 yuan/ton, an increase of 1,300 yuan/ton from the previous working day.
, The overall price of n-butanol in Shandong is around 16,000 yuan/ton
.
On the 12th and 13th, the Shandong region's n-butanol market as a whole maintained a high level and stable operation.
The prices of individual factories continued to increase slightly by 200-300 yuan/ton.
As of the 14th, the Shandong region's n-butanol ex-factory price was referenced at 16000-16300 yuan.
Near the per ton, the average price refers to 16,166 yuan per ton.
Compared with the pre-holiday price, the average price has risen by 3166 yuan per ton.
The total increase after the holiday reached 24.
36%.
In the

upstream, on May 13, the price of propylene in the Shandong region rose slightly
.
According to the price chart of the business agency, the price of propylene in Shandong continued to rise in the first half of April, and the price fell sharply in the second half of April, and remained stable at the end of the month.

.
During the first two days of the May 1st period, the trend continued to be stable.
From the 3rd to the 7th, the price increased by about 50 yuan/ton per day.
The price remained stable on the 9th.
Today, the price rose slightly by about 50 yuan/ton.
The current market transaction is 8330~8450 Between yuan/ton, the mainstream price is around 8350 yuan/ton
.
Propylene prices in the U.
S.
and Asia were stable on May 12, with limited impact on the propylene market
.
There is no pressure on the propylene market inventory, some devices are still under maintenance, the supply is slightly tight, and some companies have suspended quotations
.


  In the short term, the market for n-butanol will continue to be tight and the market will often run

  at a high level.
At present, the spot supply of n-butanol continues to be tight, but the market price has almost reached the ceiling.
The downstream wait-and-see sentiment towards high prices has gradually increased.
Alcohol continues to rise and the momentum is slightly insufficient, but it will take time for the plant to resume work.
In the short term, the n-butanol market continues to be tight
.
Therefore, the business agency's n-butanol analyst believes that in the short term, the domestic n-butanol market as a whole will mostly consolidate at a high level
.