According to the price monitoring data of business agency, as of July 1, 2022, the average reference price of domestic n-propanol was 8233 yuan / ton, which was 133 yuan / ton lower than that on June 26 (the average reference price of n-propanol was 8366 yuan / ton), a decrease of 1.59%; Compared with June 1 (the average price of n-propanol is 8700 yuan / ton), the average price was reduced by 467 yuan / ton, a decrease of 5.36%.

It can be seen from the data monitoring chart of the business club that the domestic n-propanol market as a whole fell slightly this week (6.27-7.1). At the beginning of the week (June 27), Shandong n-propanol production plants slightly reduced the ex factory price of n-propanol by 50 yuan / ton. The small price adjustment of large factories led to a small decline in the overall market. Then, in the middle stage, Shandong large factories again slightly reduced the ex factory price of n-propanol to 7600 yuan / ton, with a reduction of 100 yuan / ton. N-propanol suppliers followed the footsteps of large factories and made market quotations. At present, as of the weekend (July 1), The domestic market price of n-propanol is around 7600-7800 yuan / ton, with a decrease of 200 yuan / ton within the week. In Nanjing, the n-propanol device operates normally, and the ex factory price of n-propanol remains stable compared with the previous period. Dealers around the country still have reservations about the price. The price is not easy to monitor, which may lead to differences in the specific negotiation situation. There are also differences in each region. The actual order negotiation is the main thing, and we will wait and see the changes in raw material prices and shipments in the future.

In terms of upstream ethylene, the external ethylene market fell in June. The market price of ethylene in Asia fell. As of the 28th, CFR Northeast Asia closed at $976-986 / ton, and CFR Southeast Asia closed at $1096-1106 / ton. The market price of ethylene in Europe fell sharply. As of the 28th, FD northwest Europe closed at $1538-1548 / ton and CIF northwest Europe closed at $1300-1308 / ton. The price of ethylene in the United States rose violently. As of the 28th, the price was 552-570 yuan / ton. In June, the external ethylene market basically fell. The market transaction was poor, and the market continued to decline. In June, the external price of ethylene fell violently. At the beginning of the month, the average price of ethylene was 1302.2500 US dollars / ton, and at the end of the month, the average price of ethylene was 1232.50 US dollars / ton, down 5.34%.

Forecast of future market trend of n-propanol

At present, the trading atmosphere of n-propanol on the floor is mild, and the downstream demand users just need to replenish on bargain hunting. The news on the floor is relatively calm. The analysts of business agency n-propanol believe that in the short term, the domestic n-propanol market is more stable, mainly in the mid market, and more attention should be paid to the specific changes in supply and demand.