According to the price monitoring data of Business Society, as of November 8, 2023, the reference price of domestic n-propanol was 7700 yuan/ton. Compared with November 5, 2023 (reference price of n-propanol was 7766 yuan/ton), the price was reduced by 66 yuan/ton, a decrease of 0.86%.
From the data monitoring chart of the Business Society, it can be seen that as we enter this week (11.5-11.8), the domestic n-propanol market as a whole has slightly declined, with a calm trading atmosphere on the n-propanol market. Downstream, we need to continue to focus on just demand procurement. In the Shandong region, the price of n-propanol in Shandong factories has been slightly reduced by 100 yuan/ton, and some n-propanol suppliers have followed the footsteps of large factories to lower the shipping price of n-propanol, with a decrease of about 150-100 yuan/ton. As of November 8th, the domestic market price of n-propanol in Shandong region is based on around 7000-7800 yuan/ton. The normal operation of n-propanol units 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. 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 supply and demand information of the domestic n-propanol market is relatively calm, and the transmission of supply and demand is slightly slow. The support provided by the demand side to the market is average. The business company’s n-propanol data analyst predicts that in the short term, the domestic n-propanol market will mainly adjust and operate in a narrow range, and the specific trend still needs to pay more attention to the changes in supply and demand information.
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