The n-propanol market rose slightly this week (12.05-12.09)

According to the price monitoring data of the business community, as of December 5, 2022, the price reference of domestic n-propanol was 8633 yuan/ton, which was 83 yuan/ton higher than that of December 5 (8550 yuan/ton).


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It can be seen from the data monitoring chart of the business community that the domestic n-propanol market rose slightly this week (12.05-12.09). At the beginning of this week, the overall small increase in the price of n-propanol of Shandong’s big factories led to the overall upward trend of the market, with an increase of 100-200 yuan/ton. The overall downstream demand did not change much, and the purchase of just needed continued. In the middle of the week, some suppliers adjusted their prices narrowly according to their own inventory and other factors. On December 9, the market price of n-propanol in Shandong Province was around 8100-8500 yuan/ton, and the barrel price was around 9300-9500 yuan/ton. Distributors in different regions have reservations about the price. The price is difficult to monitor, which may lead to differences in the specific negotiation. Each region also has differences, and the actual negotiation is the main thing.


Prediction of the future market trend of n-propanol


At present, the information on the supply and demand side of the n-propanol market is relatively calm. The data change on the supply and demand side is not big near the end of the year, and the downstream may usher in a small range of stock purchase. The n-propanol data engineer of the business community believes that in the short term, the domestic n-propanol market will mainly operate upward in a volatile way, and more attention should be paid to the information changes on the supply and demand side.

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