Demand Boosting , the n-propanol market is steadily rising

According to price monitoring data from Business Society, as of April 15, 2024, the reference price for domestic n-propanol market was 8116 yuan/ton. Compared with April 8 (reference price for n-propanol was 7983 yuan/ton), the price increased by 133 yuan/ton, an increase of 1.67%.

 

From the monitoring chart of Business Society data, it can be seen that in the recent period (4.8-4.15), the overall domestic n-propanol market has experienced an upward trend, and the focus of negotiations in the n-propanol market is approaching a high level. From the end of the Silver Fourth month, the overall downstream demand for n-propanol has improved, with a mild trading atmosphere in the n-propanol field and an overall increase in downstream production. This has boosted the demand for raw materials and supported the upward trend of the n-propanol market on the demand side. As of April 15th, the domestic market price of n-propanol in Shandong region is around 7600-8400 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, the mentality of the operators is good, and the new transactions of n-propanol are stable. According to the n-propanol data analyst of the Business Society, in the short term, the overall stability of the domestic n-propanol market will continue to improve, and more attention should be paid to changes in supply and demand news.

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