According to the price monitoring data of the business community, as of October 27, 2022, the average reference average price of domestic n-propanol is 8300 yuan/ton, which is basically the same as that of October 1 (8300 yuan/ton).

It can be seen from the data monitoring chart of the business community that since October (10.1-10.27), the domestic n-propanol market as a whole has been running up first and then down. In the first ten days of October, after the National Day holiday, the domestic n-propanol market moved up as a whole. The inventory of n-propanol in the plant is controllable. The increase in the ex factory price of n-propanol by Shandong’s large factories has driven the overall market upward. As of October 14, the market price of n-propanol in Shandong Province in China has been around 8200-8900 yuan/ton. Compared with that before the festival, the price has been increased by 300-700 yuan/ton.

At the end of October, the n-propanol market as a whole fluctuated from a high level to a low level. Due to the impact of special periods, the logistics in some regions was limited, the downstream factories started to operate at a low level, the demand for n-propanol in the downstream was general, and the atmosphere of on-site trading and investment was light. From the 16th, the n-propanol market price fluctuated downward. By the end of the 27th, the domestic n-propanol market price in Shandong was around 7900-8300 yuan/ton, and dealers in various regions had reservations about the price, It is not easy to monitor the price, which may lead to differences in the specific negotiation situation. Each region also has its own differences. The actual order negotiation is the main thing. In the future, we will wait and see the change of raw material price and shipment.

Prediction of the future market trend of n-propanol

At present, the trading and investment atmosphere of n-propanol in the market is light, and the downstream demand is generally supported. The n-propanol data analyst of the business community believes that in the short term, the domestic n-propanol market is mainly adjusted and operated in multiple sectors, and the specific trend needs to pay more attention to the information changes on the supply and demand side.