According to the price monitoring data of Business Society, as of June 26, 2023, the reference price of domestic n-propanol was 7800 yuan/ton. Compared with June 1, 2023 (reference price of n-propanol was 7950 yuan/ton), the price was reduced by 150 yuan/ton, a decrease of 1.89%.

From the data monitoring chart of the Business Society, it can be seen that since June (6.1-6.26), the overall domestic n-propanol market has shown a slight fluctuation and decline. In early June, the n-propanol market saw mixed fluctuations. At the beginning of the month, some n-propanol suppliers raised prices narrowly, driving the market up slightly. However, Shandong large factories lowered the n-propanol price, causing the overall market to fluctuate and decline. As of June 15th, the domestic Shandong n-propanol market price reference was around 7200-7600 yuan/ton.

In late June, the domestic n-propanol market was generally weak and moving downwards. The downstream demand for n-propanol is average, and new orders on the market are cautious. Some n-propanol suppliers have lowered the price of n-propanol narrowly by around 100-200 yuan/ton. As of June 26, the domestic market price of n-propanol in Shandong region is referenced around 7000-7600 yuan/ton, and the high price is referenced around 7800 yuan/ton. The n-propanol market in Nanjing region is relatively stable, with the n-propanol market price referenced around 8800 yuan/ton. Distributors 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 the Future Market Trend of n-propanol

Towards the end of the month, the trading atmosphere in the n-propanol market is quiet, and there is little change in the supply and demand information on the market. The n-propanol data analyst of the Business Society believes that in the short term, the domestic n-propanol market will mainly adjust and operate in multiple intervals, and the specific trend needs to pay more attention to the changes in supply and demand information.