According to the monitoring data of the business agency, as of June 7, the average ex factory price of n-butanol in Shandong Province was 14500 yuan / ton, which was increased by 700 yuan / ton or 5.07% compared with the price on June 1 (13800 yuan / ton).

In June, the domestic n-butanol market gradually recovered, and the ex factory quotation of n-butanol in Shandong Province continued to rise. In 2, 3 and 4 days, the cumulative price rise of n-butanol market was 500-1000 yuan / ton. At the beginning of this month, supported by some delays in construction, the spot supply of n-butanol plants was tight, the downstream demand was good, and the trading atmosphere was gradually warming up, The reference price of n-butanol in Shandong is 14400-14700 yuan / ton, of which the ex factory price of n-butanol in North China of Shandong Yantai Wanhua chemical increased to 14600 yuan / ton, 600 yuan / ton higher than that in early June. According to the data monitoring of the business agency, as of June 6, the average ex factory price of n-butanol in Shandong Province was 14500 yuan / ton, which was 700 yuan / ton higher than that on June 1 (13800 yuan / ton), an increase of 5.07%.

Upstream, in the first two days of early June, the price of propylene in Shandong continued to decline. From the 3rd, the price of propylene increased by 150-250 yuan / ton, and then increased slightly by 50 yuan / ton on the 4th. At present, as of the 7th, the transaction volume of propylene market in Shandong increased to 7850-8250 yuan / ton, and the mainstream price was about 8050 yuan / ton.

Inventory low, just need replenishment, short-term market stable and strong operation

In June, the domestic n-butanol market rebounded steadily, the market turnover was stable, the manufacturers’ inventory was low, the downstream just needed to replenish, and the overall trading atmosphere was good. The n-butanol analysts of the business community believed that in the short term, the domestic n-butanol market would continue to be stable and relatively strong.