Butanol Market Overview and Market Reviews

The business club reported on June 1 that the atmosphere of the Asian butanol market was light and the price decline narrowed. After successive downward adjustments, the market's short-stable power was released, and some buyers entered the market at low levels. Under the tight supply situation, traders’ inventory pressure gradually declined and prices stabilized. At present, the c-butanol price in the Far East is at 1314-1316 U.S./ton, down by 5 U.S./ton from a week ago; the c-butanol price in Southeast Asia is at 1324-1326 U.S./ton, down by 5 U.S. dollars/ton from a week ago. European butanol market traded quietly, northwestern Europe butanol FOB price was 1340-1345 US dollars / ton, unchanged from a week ago, the United States n-butanol market has risen strongly, the US Gulf n-butanol FOB prices in 1775-1785 The dollar/ton increased by $70/ton from a week ago.

Domestic butyl octanol plant started under-employed, manufacturers shipped in general, the price is relatively stable. Jihua n-butanol plant was shut down for maintenance on May 26. One month later, the current factory sales of inventory, the mainstream factory price steady at 10000-10200 yuan / ton, high-end local ex-factory price. Qilu butanol plant starts at full capacity. Manufacturers mainly supply contract users with normal inventory. The mainstream quotation is at 10,000-10,100 yuan/ton, which is the same level as a week ago. Daqing petrochemical butanol plant produces butanol, and the factory inventory is normal. The factory price is 10,000 yuan. -10,200 yuan / ton, unchanged from a week ago.

This week, the butanol market in east China was stagnated and prices were sideways. Downstream buyers have a weaker intention to take delivery, which is mainly based on demand purchases. The trading atmosphere is flat, traders’ inventory pressure has eased, and prices have remained stable for the time being. At present, the mainstream price is 10150-10250 yuan/ton, and the actual transaction is 10100-10200 yuan/ton.

This week, the supply of butanol in the South China market was insufficient, and prices rebounded slightly. During the week, the arrival of the market to reduce the volume, the supply side of the corresponding turn for the better, not too high downstream construction starts, buyers smaller volume of shipments, traders shipped slower, by the low inventory of people support a slight increase in prices. The mainstream market price is 10700-10800 yuan/ton, and the actual negotiation is at 10600-10700 yuan/ton.

This week, the butanol market in North China has been stable and prices have fluctuated within a narrow range. The market supply is stable, but the transaction is relatively flat, and the downstream buyers purchase in small quantities. The inventory of traders is lower than before, and the mentality is stable. The price changes are not large. The mainstream quotes are at 10100-10200 yuan/ton, and the actual transactions are at 10000-10100. Yuan / ton.

A brief review of the market. The domestic butanol market was weakly consolidated, and the transaction sentiment was slightly stagnant. Although some of the domestic butanol plant has been shut down and overhauled, the stock of the market has decreased accordingly. However, due to the low start of downstream butyl ester and the limited demand, the market still exceeds supply, but if the tight supply situation continues, the short-term market is expected to continue. Weakening stabilizes.

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