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SunSirs: The Domestic N-propanol Market Slightly Fell 1.85% on December 26

December 27 2019 10:43:19     SunSirs (John)

Price trend

According to the data of SunSirs, on December 26, the market price of domestic n-propanol fell slightly. The average price of sample enterprises was 10,600 RMB/ton, 200 RMB/ton lower than last week, down 1.85%.

 

Analysis review        

Product: At the beginning of this week, the domestic n-propanol market was generally weak and stable. Until December 26, the quotation of n-propanol from Nanjing Rongxin Chemical Co., Ltd. was lowered. At present, the quotation is 8,500 RMB/ton (including tax), which is 600 RMB/ton lower than that at the beginning of the month. The factory reference price of n-propanol manufacturer is around 8,500-8,900 RMB/ton. At present, the dealer's quotation is temporarily stable compared with the beginning of the month, and the reference price in the mainstream area is around 10,500-11,200 RMB/ton, of which the external quotation of n-propanol in Shandong Zibo, the place where Shandong fengcang Chemical Co., Ltd. distributes, is 10,500 RMB/ton (barrel, tax included); The quoted price of imported n-propanol in mainstream regions is around 11,600-12,000 RMB/ton, of which 11,600 RMB/ton is quoted for Dalian's imported n-propanol from Taiwan sold by Shanghai Lianyi Chemical Co., Ltd. (barrel specification: 165kg).

Industrial chain: At present, the market of propylene oxide is rising. The terminal demand is large, the purchasing enthusiasm of the downstream polyether is fair, the inventory of the propylene oxide plant is quickly digested, and the quotations of the enterprises are increased one after another. On the 26th, the cash delivery price of Shandong mainstream market of Wanhua chemical was 10,300 RMB/ton, and that of East China mainstream market was 10,600 RMB/ton. At present, the main quotation of propylene oxide Market in East China is around 103,00 RMB/ton, which is delivered by cash; the main quotation of propylene oxide Market in Shandong is around 10,100 RMB/ton, which is Ex factory in cash.; the main quotation of propylene oxide Market in South China is around 10,200 RMB/ton, which Ex factory in cash.

 

Market outlook

According to the prediction of SunSirs, it is expected that the domestic n-propanol market will maintain a weak finishing operation before the festival due to the influence of logistics and other factors.

 

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

 

 

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