According to the price monitoring data of Business Society, as of July 14, 2023, the reference price of domestic n-propanol was 7766 yuan/ton. Compared with July 7, 2023 (reference price of n-propanol was 7833 yuan/ton), the price was reduced by 67 yuan/ton, a decrease of 0.85%.

From the data monitoring chart of Business Society, it can be seen that this week (7.7-7.14), the overall market situation of domestic n-propanol showed a slight decline. This week, some suppliers of n-propanol in Shandong region have lowered their outbound prices of n-propanol by a narrow margin, around 100-200 yuan/ton. The main factors affecting the narrow decline in market prices are small price adjustments by some factories and adjustments made by some suppliers based on their own inventory and shipment situation. As of July 14th, the market price of n-propanol in the Shandong region of China is around 7000-7500 yuan/ton, and the higher price is around 7800 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 relatively quiet, and downstream users continue to focus on just in demand procurement. According to the n-propanol data analyst at the Business Society, in the short term, the domestic n-propanol market is mainly subject to narrow adjustment and operation, and the specific trend still needs to pay more attention to changes in supply and demand news.