The recent stable operation of the n-propanol market (1.12-1.19)

According to price monitoring data from Business Society, as of January 19, 2024, the reference price for domestic n-propanol market was 7950 yuan/ton, which was basically the same as January 12, 2024. Compared with December 13, 2023 (reference price for n-propanol was 7850 yuan/ton), the price increased by 100 yuan/ton, an increase of 1.27%.

 

From the monitoring chart of Business Society data, it can be seen that in the recent period (1.12-1.19), the overall market situation of domestic n-propanol has been stable. Recently, the fundamentals of the n-propanol market have been relatively calm, with little adjustment in the supply and demand sides of the market. There have been no significant fluctuations in the n-propanol market, and the supply side of n-propanol has performed normally. The downstream demand side continues to purchase in demand, and the overall supply and demand transmission is normal. As of January 19th, the domestic market price of n-propanol in Shandong region is around 7400-7800 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.

 

Prediction of future market trends of n-propanol

 

At present, the overall trading atmosphere in the domestic n-propanol market is mild, with most of the inquiries on the market being for orders that are in high demand. The n-propanol industry has a normal mentality and has a stable outlook on the future market. The n-propanol data analyst from Business Society believes that in the short term, the stability and small fluctuations in the domestic n-propanol market are the main factors, and the specific trend still needs to pay more attention to changes in supply and demand news.

 

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