Recent consolidation of the domestic n-propanol market (5.9-5.13)

According to the commodity market analysis system of Shengyishe, as of May 13, 2024, the reference price of domestic n-propanol market was 7866 yuan/ton, which was basically unchanged compared to May 1. Compared with April 1 (reference price of n-propanol was 7916 yuan/ton), the price decreased by 50 yuan/ton, a decrease of 0.63%.

 

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From the commodity market analysis system of Shengyishe, it can be seen that in the recent period (5.9-5.13), the domestic n-propanol market has remained stable and consolidated, with limited fluctuations in the n-propanol market. The fundamentals of n-propanol have remained calm, with stable production on the supply side, normal shipments from large factories in Shandong, and stable prices. The normal operation of the n-propanol plant in Nanjing is normal, and n-propanol is mainly used for self use, and external quotations remain stable. At present, the overall supply and demand transmission in the n-propanol market is normal, and downstream purchases are made on demand. As of May 13th, the domestic market price of n-propanol in Shandong region is around 7200-7600 yuan/ton, with a relatively high price of around 7700-7800 yuan/ton. The domestic market price of n-propanol in Nanjing region is around 8500-8800 yuan/ton, and specific orders need to be negotiated based on actual transactions.

 

Prediction of future market trends of n-propanol

 

At present, the trading atmosphere in the domestic n-propanol market is mild, and downstream inquiries are made on demand. The mentality of the operators is stable. According to the n-propanol data analyst of Business Society, in the short term, the domestic n-propanol market will mainly operate with large stability and small fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand news.

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