According to the price monitoring data of Business Society, as of July 24, 2023, the reference price of domestic n-propanol was 7566 yuan/ton. Compared with July 17, 2023 (reference price of n-propanol was 7766 yuan/ton), the price was reduced by 200 yuan/ton, a decrease of 2.85%.

From the data monitoring chart of the Business Society, it can be seen that in the recent period (7.17-7.24), the overall market situation of n-propanol in China has shown a downward trend. Last week (7.17-7.23), the domestic n-propanol market remained stable and consolidated overall, with little market fluctuation and relatively calm news. At the beginning of this week (July 24th), the center of gravity of the n-propanol market was moving downwards. Some large n-propanol factories and suppliers in Shandong lowered the prices of n-propanol by around 200 to 400 yuan/ton, driving the overall market downward and widening the price difference between high and low prices on the market. As of July 24th, 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 relatively light, with downstream markets mainly focusing on procurement and cautious stocking. According to the n-propanol data analyst of the Business Society, in the short term, the domestic n-propanol market is mainly adjusted and operated in multiple intervals, and the specific trend still needs to pay more attention to changes in supply and demand news.