According to price monitoring data from Business Society, as of March 14, 2024, the reference price for domestic n-propanol market was 7916 yuan/ton. Compared with March 10, the price remained basically unchanged. Compared with February 1 (reference price for n-propanol is 7950 yuan/ton), the price increased by 34 yuan/ton, an increase of 0.42%.

This week, the domestic propylene glycol market continued to operate steadily and steadily. The overall news of the n-propanol market is relatively calm, with normal transmission of supply and demand on the market. The overall operating rate of n-propanol has not adjusted much, and the stable quotation of n-propanol from Shandong large factories gives market confidence. n-propanol operators and distributors have also remained stable, with downstream purchases of n-propanol continuing to be in demand. As of March 14th, the domestic market price of n-propanol in Shandong region is around 7150-7600 yuan/ton. The market price of n-propanol in the Nanjing area is around 8500-9000 yuan/ton. Dealers 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 future market trends of n-propanol

At present, the trading atmosphere of n-propanol on the market is quiet and mild, and most new orders on the market are newly purchased orders. Business Society’s n-propanol data analyst believes that 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.