On February 7, the market price of n-butanol in China rose sharply

Product Name: n-butanol

 

Latest price (February 7): 11633 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business agency, on February 7, the domestic n-butanol market in Shandong rose sharply. The average ex factory price of n-butanol was 11633 yuan / ton. Compared with the previous working day, the average price was increased by 2000 yuan / ton, or 24.20%. On the 7th, on the first day after the Spring Festival, the domestic n-butanol market in Shandong rose sharply. During the festival, the international crude oil price continued to rise. The n-butanol industry had a good mentality, the sales pressure of n-butanol factories was small, and the quotation after the festival increased significantly. On the 7th, Wanhua chemical delivered n-butanol in North China with reference to 12000 yuan / ton.

 

Future forecast: at present, with the return after the festival, the trading atmosphere on the floor is normal and the mentality of the operators is positive. The n-butanol data division of the business society believes that in the short term, the domestic n-butanol market in Shandong is mainly high-level consolidation, and more attention needs to be paid to the basic changes in supply and demand.

PVA