According to the price monitoring data of business agency, as of September 2, 2022, the reference average price of domestic n-propanol was 8533 yuan / ton, which was 200 yuan / ton lower than that on August 29 (8733 yuan / ton).

It can be seen from the data monitoring chart of business association that this week (8.29-9.2), the domestic n-propanol market was in a downward trend. At the beginning of the week, there was little change in the market of zhengpropanol, and the news was relatively calm. Since the middle of the week, the market of n-propanol in Shandong has been in a downward trend. Large factories in Shandong have reduced the ex factory price of n-propanol, which has driven the market of n-propanol downward as a whole, with a reduction range of around 100-300 yuan / ton. As of September 2 this weekend, the market price of n-propanol in Shandong is around 8000-8200 yuan / ton, and the high-end price is around 8500 yuan / ton. At present, the trading atmosphere of zhengpropanol in the market is OK, and the downstream continues to be dominated by just needed purchases. Dealers around the world still have reservations about the price, and the price is not easy to monitor, which may lead to differences in the specific negotiation situation. Each region also has its own differences. Actual single negotiation is the main way, and we will wait and see the price change and shipment of raw materials in the future market.

Prediction of the future market trend of n-propanol

N-propanol is mainly used as a solvent, and also used in pharmaceuticals, paints and cosmetics. It has low toxicity. At present, the domestic downstream demand side of n-propanol is relatively stable, and the supply and demand side is quite normal. The business community’s n-propanol statistician believes that in the short term, how stable and dynamic China’s domestic n-propanol market will be? More attention should be paid to the news changes on the supply and demand side.