According to price monitoring data from Business Society, as of July 26, 2023, the reference price for domestic n-propanol was 7766 yuan/ton. Compared to July 21, 2023, the price remained basically unchanged. Compared to July 1, 2023 (reference price for n-propanol was 7833 yuan/ton), the price decreased by 67 yuan/ton, a decrease of 0.85%.

From the data monitoring chart of the Business Society, it can be seen that this week (7.21-7.26), the overall market situation of n-propanol in China showed a fluctuating range. At the beginning of the week, some suppliers of n-propanol in Shandong region adjusted the price of n-propanol based on their own inventory and shipment situation, with an adjustment range of about 200 yuan/ton. The overall market of n-propanol fluctuated. From mid week to weekend, the n-propanol market remained stable, with consolidation and operation being the main focus. As of July 26th, the market price of n-propanol in Shandong region is around 6700-7600 yuan/ton. The market for n-propanol in Nanjing is relatively stable. 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 trading atmosphere in the n-propanol market is mild, with relatively stable supply and demand. Downstream customers mainly purchase just in need, and new orders in the market are traded normally. The business company’s n-propanol data analyst predicts that in the short term, the overall domestic n-propanol market will mainly adjust and operate within a narrow range, and the specific trend still needs to pay more attention to changes in news on the supply and demand side.