According to the price monitoring data of the business community, as of November 4, 2022, the price reference of domestic n-propanol was 8566 yuan/ton, which was 150 yuan/ton higher than that of October 30 (8416 yuan/ton), or 1.78% higher.

It can be seen from the data monitoring chart of the business community that the domestic n-propanol market rose during the shock this week (10.31-11.04). At the beginning of this week, due to the influence of logistics and other factors, the shipment in Shandong was relatively slow, and the market price of n-propanol fell slightly, by 100-200 yuan/ton. Since the middle of the week, the callback of raw material price has strengthened the cost support of n-propanol, and the market price of n-propanol has started to run steadily upward. As of November 4, the domestic market price of n-propanol in Shandong is around 8000-8300 yuan/ton, and that in Nanjing is around 9000-9500 yuan/ton. There is a large difference between high and low prices in the n-propanol market. The dealers around the country still have reservations about the price. It is difficult to monitor the price, which may lead to differences in the specific negotiations. There are also differences in each region. The actual negotiation is the main way, and we will wait and see the changes in raw material prices and shipments in the future.

Prediction of the future market trend of n-propanol

At present, the downstream of n-propanol continues to focus on just in demand procurement, and the demand side performance is stable. The n-propanol data engineer of the business community believes that in the short term, the domestic n-propanol market is mainly consolidation and operation, and the specific trend needs to pay more attention to the information changes on the supply and demand side.