According to price monitoring data from Business Society, as of August 21, 2023, the reference price of domestic n-propanol was 7866 yuan/ton, which was basically the same as August 17, 2023. Compared with August 7, 2023 (reference price of n-propanol was 7783 yuan/ton), the price increased by 83 yuan/ton, an increase of 1.07%.
From the data monitoring chart of the Business Society, it can be seen that in the recent period (8.17-8.21), the overall market situation of n-propanol in China has remained stable and organized. The news on the n-propanol market is relatively calm, with normal supply and demand transmission. Downstream demand is relatively stable, with primary demand for procurement and normal supply side shipment rhythm. The overall market situation of n-propanol is stable, with overall consolidation and operation as the main focus. As of August 21, the domestic market price of n-propanol in Shandong region is around 7200-7600 yuan/ton. The market for n-propanol in Nanjing is relatively stable, and the market price for n-propanol is around 9000 yuan/ton. Distributors in different regions still have reservations about prices, and the difficulty in monitoring prices may lead to differences in specific negotiation situations. Each region also has differences, and actual negotiations are the main focus.
Prediction of the Future Market Trend of n-propanol
Currently, the overall trading atmosphere in the n-propanol market is calm and moderate, with relatively stable increase in demand orders. The n-propanol data analyst at the Business Society predicts that in the short term, the domestic n-propanol market will mainly adjust and operate within a certain range. The specific trend still needs to pay more attention to changes in supply and demand news.
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