According to the price monitoring data of Business Society, as of October 18, 2023, the reference price of domestic n-propanol was 7900 yuan/ton. Compared with October 13, 2023 (reference price of n-propanol was 8000 yuan/ton), the price was reduced by 100 yuan/ton, a decrease of 1.25%.

After the end of the National Day holiday, there was a slight increase in the domestic n-propanol market. Entering this week, the market situation of n-propanol has weakened and retreated. Downstream demand for n-propanol is average, and the overall shipment rhythm of n-propanol is relatively slow. Some n-propanol factories and suppliers have lowered the prices of n-propanol by around 100-200 yuan/ton. As of October 18th, the domestic market price of n-propanol in Shandong region is around 7300-7800 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 light, with downstream cautious and rigid demand procurement being the main focus, and supply and demand transmission being average. The business company’s n-propanol data analyst predicts that in the short term, the domestic n-propanol market will mainly operate with narrow fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand news.