According to price monitoring data from Business Society, as of May 26, 2023, the reference price for domestic n-propanol was 7700 yuan/ton. Compared to May 22, 2023, the price remained basically unchanged. Compared to May 15, 2023 (reference price for n-propanol was 7900 yuan/ton), the price was reduced by 200 yuan/ton, a decrease of 2.53%.

From the data monitoring chart of Business Society, it can be seen that this week (5.22-5.26), the domestic n-propanol market as a whole showed a stable and consolidation trend. This week, the overall news of the domestic n-propanol market was relatively calm, with little change on the supply and demand sides. On the supply side, the normal operation of the n-propanol device is normal, while on the demand side, the downstream of n-propanol continues to be mainly purchased on demand. The mentality of n-propanol operators is stable, and the on-site trading atmosphere is mild. As of May 26, the market price of n-propanol in Shandong Province in China is around 6700-7800 yuan/ton, with a large difference between high and low prices. 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 domestic n-propanol market is generally stable, with a normal trading atmosphere on the market. Downstream demand is mainly restocking according to quantity. Business Society’s n-propanol data analysts believe that in the short term, the domestic n-propanol market is mainly stable and dynamic, and the specific trend still needs to pay more attention to changes in supply and demand news.