According to price monitoring data from Business Society, as of September 20, 2023, the reference price for domestic n-propanol was 8016 yuan/ton. Compared to September 15, 2023 (reference price for n-propanol is 8050 yuan/ton), the price was reduced by 34 yuan/ton, a decrease of 0.41%.

From the data monitoring chart of the Business Society, it can be seen that as of this week (9.15-9.20), the overall market situation of n-propanol in China has shown a slight downward trend. At the beginning of the week, the trading atmosphere of n-propanol on site was average. Some suppliers in Shandong region reduced the price of n-propanol narrowly based on their own inventory and shipment situation, with a reduction range of around 50-100 yuan/ton. In the middle of the week, the news on the n-propanol market was relatively calm, and the market was mainly in consolidation operation. As of September 20th, the domestic market price of n-propanol in Shandong region was around 7200-7800 yuan/ton, while higher prices were around 8100 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

At present, the overall trading atmosphere in the n-propanol market is relatively weak, and downstream stocking and procurement are relatively cautious. New orders are mostly sold on a volume basis, while downstream pre holiday stocking rhythm is average. Business Society’s n-propanol data analysts believe that in the short term, the domestic n-propanol market is mainly stable and subject to small fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand news.