According to the price monitoring data of business agency, as of August 11, 2022, the average reference price of domestic n-propanol was 8183 yuan / ton. Compared with the price on August 7 (the reference average price of n-propanol was 8266 yuan / ton), the average price was reduced by 83 yuan / ton, down 1%. Compared with the price on August 1 (the reference average price of n-propanol was 8216 yuan / ton), the average price was reduced by 33 yuan / ton, down 0.41%.

It can be seen from the data monitoring chart of the business community that this week (8.7-8.11), the domestic n-propanol market as a whole showed a weak trend. At the beginning of this week, the domestic n-propanol market was mainly operated stably, and the market was not changed much. On the 10th and 11th of the weekend, the n-propanol market in Shandong continued to move downward. The major manufacturers in Shandong reduced the ex factory price of n-propanol by about 100-200 yuan / ton. Some n-propanol suppliers followed the footsteps of the major manufacturers and also adjusted the delivery price of n-propanol downward by about 100-200 yuan / ton. As of August 11, the ex factory price of n-propanol in Shandong Province in China was around 7500-7650 yuan / ton. Dealers around the world still have reservations about the price. It is difficult to monitor the price, which may lead to differences in the specific negotiation situation. Each region also has differences. It is mainly based on actual single negotiation, and we will wait and see the price change of raw materials and shipment situation in the future.

Forecast of n-propanol future market trend

At present, the downstream demand of n-propanol is relatively stable, the transmission of supply and demand is normal, and the news on the market is relatively calm. The analysts of n-propanol of business club believe that in the short term, the adjustment and operation of the domestic n-propanol market will be the main one, and more attention should be paid to the specific changes in the supply and demand side.