According to the price monitoring data of Business Society, as of May 18, 2023, the reference price of domestic n-propanol was 7700 yuan/ton. Compared with May 12, 2023 (the reference price of n-propanol was 7866 yuan/ton), the price was reduced by 166 yuan/ton, a decrease of 2.12%.

From the data monitoring chart of the Business Society, it can be seen that this week (5.12-5.19), the domestic n-propanol market as a whole showed a weak decline. This week, the overall market situation of n-propanol in Shandong Province showed a downward trend. Some n-propanol suppliers adjusted the price of n-propanol downward by 200-300 yuan/ton. At present, the difference between high and low prices in the market of n-propanol in Shandong Province has widened. As of May 18, the market price of n-propanol in Shandong Province in China was around 7000-7800 yuan/ton. The market of n-propanol in Nanjing in China is still operating stably. 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 trading atmosphere in the domestic n-propanol market is mild. The downstream market of n-propanol mainly purchases according to volume, and new orders are generally traded. The n-propanol data analyst of the Business Society believes that 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.