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Current Location： Home > News > Industry Focus > The positive and negative factors are all in place, and the positive butanol market is expected to rise and then fall in the short term.

[Industry Focus]：The positive and negative factors are all in place, and the positive butanol market is expected to rise and then fall in the short term.

Read： 554 Time：12months ago Source：百川盈孚

On November 6, the center of gravity of the n-butanol market shifted upward, n-Butanol Latest Price it was 7670 yuan/tonne, up 1.33 per cent from the previous working day. The reference price in East China is 7800 yuan/ton, the reference price in Shandong is 7500-7700 yuan/ton, and the reference price in South China is 8100-8300 yuan/ton. However, in the n-butanol market, the negative and positive factors are intertwined, and the price rise space is limited.

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On the one hand, some manufacturers stopped for maintenance for a short time, the market in stock was relatively reduced, the industry was selling at a high price, and the market price of n-butanol had room to rise. On the other hand, a butyl alcohol plant in Sichuan has been restarted, the sunrise products after tomorrow, the regional supply gap is replenished, coupled with the resumption of the butyl alcohol plant in Anhui on Wednesday, the construction of the site to improve, the market growth there is a certain negative constraint.

On the demand side, DBP and butyl acetate industry is still in a profitable state, the market in the supply side of the drive, manufacturers can still ship, enterprises on the raw materials deposit a certain demand. The main downstream Bingding factory is still facing cost pressure, most enterprises are in a parking state, the market as a whole is low, demand is difficult to have a substantial increase. Overall, the downstream low-cost just need to purchase enthusiasm is still good, the factory chase high sentiment is weak, the demand side of the market support in general.

Although the market is facing some unfavorable factors, the n-butanol market may remain stable in the short term. Factory inventory is controllable and market prices are stable and upward. The price difference between the main downstream polypropylene and propylene is relatively narrow, at the edge of profit and loss, and the recent continuous rise in propylene prices, the downstream enthusiasm gradually weakened, the propylene market support is limited. However, the inventory of propylene plant is still under control, and there is still some support for the market. Short-term propylene market prices are expected to rise steadily.

On the whole, the raw material propylene market is strong, the downstream low-cost just need to purchase enterprises to chase high sentiment is weak, Anhui n-butanol plant short-term shutdown, short-term industry mentality is strong, but when the supply-side devices are restored, the market may face the risk of decline, it is expected that the n-butanol market will rise first and then fall in the short term, with price fluctuations of about 200-400 yuan/ton.

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