According to price monitoring data from Business Society, as of December 12, 2023, the reference price for domestic n-propanol market was 7883 yuan/ton, which was basically the same as December 1, 2023. Compared with November 1, 2023 (reference price for n-propanol was 7766 yuan/ton), the price increased by 117 yuan/ton, an increase of 1.50%.
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From the monitoring chart of Business Society data, it can be seen that in the recent period (12.6-12.12), the overall domestic n-propanol market has shown a stable consolidation and operation trend. The overall market fluctuation of n-propanol in the market is relatively small, and the fundamental performance is relatively calm. The supply side of n-propanol has not changed much, while the downstream demand side continues to focus on rigid demand procurement. The transmission of supply and demand is relatively stable and normal. Some n-propanol suppliers adjust the price of n-propanol narrowly based on their own inventory and shipment situation, which has little impact on the overall market trend. As of December 12th, The domestic market price of n-propanol in Shandong region is around 7100-7850 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 relatively mild, with new orders mainly based on demand and quantity. Business Society’s n-propanol data analyst predicts that in the short term, the domestic n-propanol market will mainly adjust within a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.
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