In December, the n-propanol market experienced a slight fluctuation and an upward trend

According to price monitoring data from Business Society, as of December 25, 2023, the domestic market price of n-propanol was referenced at 7933 yuan/ton, with a price increase of 50 yuan/ton compared to December 1, 2023 (reference price of n-propanol was 7883 yuan/ton).

 

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From the monitoring chart of Business Society data, it can be seen that in December, the overall market situation of domestic n-propanol showed fluctuations with a slight increase. At the beginning of the month, the domestic market for n-propanol remained stable and organized, with relatively calm news on the n-propanol market and little change in market conditions. By mid month, the overall market situation of n-propanol has been operating with a narrow downward trend. Some factories and n-propanol suppliers in Shandong region have slightly lowered the price of n-propanol by about 50 yuan/ton. At the end of the month, the overall market situation of n-propanol showed a slight correction, with downstream n-propanol stocking on demand, normal supply and demand transmission on the market, and a slight upward shift in the overall center of gravity of n-propanol. As of December 25th, the domestic market price of n-propanol in Shandong region is around 7350-7800 yuan/ton. The normal operation of the n-propanol plant in the Nanjing area, and the overall stable operation of the n-propanol market, with a reference price of around 8500-9000 yuan/ton for the n-propanol market. 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. The specific negotiation situation may vary due to testing, and there may be differences in each region, with actual negotiations being the main focus.

 

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Prediction of future market trends of n-propanol

 

At present, as the end of the year approaches, the overall atmosphere in the domestic n-propanol market is mild, and the downstream of n-propanol is steadily stocking up before the holiday. The market trading atmosphere is still acceptable. The n-propanol data analyst of Business Society predicts that in the short term, the domestic n-propanol market will mainly operate with a moderate to slightly strong trend, and the specific trend still needs to pay more attention to changes in supply and demand news.

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