According to price monitoring data from Business Society, as of March 31, 2024, the reference price for domestic n-propanol market is 7916 yuan/ton, which is basically unchanged compared to early March.

From the data monitoring chart of the Business Society, it can be seen that in early March, the overall domestic n-propanol market remained stable and organized. The trading atmosphere in the n-propanol field is mild, and downstream demand is mainly for rigid procurement. The overall supply and demand side of the n-propanol field has not changed much, and the mentality of the operators is normal. The n-propanol market is operating steadily with limited fluctuations.

In late March, the domestic market for n-propanol experienced slight fluctuations. On the 20th, some n-propanol manufacturers narrowed their prices by 50-100 yuan/ton based on their own inventory and supply situation. Subsequently, the market continued to consolidate and operate. Towards the end of the month, Shandong large factories raised the price of n-propanol narrowly, driving the overall market trend to move up from a low level. As of March 31st, 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 inquiry atmosphere in the n-propanol market is mild, and the transmission between the supply and demand of n-propanol is normal. The production of n-propanol is stable, and downstream demand continues to be mainly fresh. The n-propanol data analyst from Business Society believes that in the short term, the domestic n-propanol market will mostly operate with large stability and small fluctuations, and specific information on the supply and demand side needs to be paid attention to.