According to price monitoring data from Business Society, as of February 5, 2024, the reference price for domestic n-propanol market was 79.6 yuan/ton. Compared with February 1, the price decreased by 34 yuan/ton, a decrease of 0.42%.
From the monitoring chart of Business Society data, it can be seen that in February, the overall market situation of domestic n-propanol remained stable with a slight weakness. As the Spring Festival approaches, logistics in many regions in China have started to stop shipping and operations, and downstream pre holiday stocking of n-propanol is also approaching its end. The overall market performance is relatively calm, with a small number of businesses reducing the price of n-propanol narrowly based on their own shipments and inventory situation, with a reduction of about 30-50 yuan/ton. As of February 5th, the domestic market price of n-propanol in Shandong region is around 7400-7800 yuan/ton. The market price of n-propanol in the Nanjing area is around 8500-9000 yuan/ton. 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 trading atmosphere in the n-propanol market is quiet, with a calm mindset among industry players and relatively small fluctuations in the market. According to the n-propanol data analyst from Business Society, in the short term, the domestic n-propanol market will mostly focus on stable operation, and the specific trend still needs to pay more attention to changes in supply and demand news.
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