This week, the n-propanol market remained stable and consolidated (1.6-1.11)

According to price monitoring data from Business Society, as of January 11, 2024, the reference price for domestic n-propanol market was 7950 yuan/ton, which was basically the same as January 6, 2024. Compared with December 13, 2023 (reference price for n-propanol was 7850 yuan/ton), the price increased by 100 yuan/ton, an increase of 1.27%.

 

From the monitoring chart of Business Society data, it can be seen that this week (1.6-1.11), the overall market situation of domestic n-propanol remained stable and consolidated. This week, the supply and demand news of the domestic n-propanol market remained calm, with no significant market fluctuations. The production of n-propanol on-site facilities was normal, and downstream demand continued to be mainly based on rigid procurement and stocking. The transmission between supply and demand was normal, and the mentality of n-propanol operators was mild. As of January 11th, the domestic market price of n-propanol in Shandong region is around 7400-7800 yuan/ton. The normal operation of the n-propanol plant in the Nanjing area, and the overall stable operation of the n-propanol market, with a reference price of around 8500-9000 yuan/ton for the n-propanol market. Dealers 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 future market trends of n-propanol

 

At present, the overall inquiry atmosphere in the domestic n-propanol market is quiet and mild. Downstream new orders are mainly in demand, with some small-scale stocking. The mentality of n-propanol operators is normal. Business Society n-propanol data analysts believe that in the short term, the domestic n-propanol market is mainly adjusted in a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.

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