According to the price monitoring data of the business community, as of September 30, 2022, the average reference average price of domestic n-propanol was 8333 yuan/ton, down 283 yuan/ton, or 3.29%, compared with September 1 (8616 yuan/ton).

It can be seen from the data monitoring chart of the business community that since September (9.1-9.30), the domestic n-propanol market has been in a volatile and downward movement as a whole. In the first ten days of September, at the beginning of the month, the n-propanol market was running down as a whole. The price reduction of n-propanol by Shandong’s large factories led to the downward trend of the market. On September 7, the n-propanol market price in Shandong was near 7800-8000 yuan/ton. As the Mid Autumn Festival approached, the n-propanol market was steadily warming up, boosted by the downstream demand for goods preparation. As of September 15, the market price of n-propanol in Shandong Province was around 7900-8300 yuan/ton.

In late September, facing the upcoming National Day holiday, n-propanol manufacturers actively shipped. In Shandong, n-propanol manufacturers mostly adjusted their prices according to their own inventory and other factors. The overall market trend fell back to a high level. The low end price of n-propanol in Shandong was close to 7600 yuan/ton. There was a large difference between high and low prices on the market. Since the 26th, with the digestion of demand, the low price supply in the market has gradually decreased, and the overall market of n-propanol has risen slightly, As of September 29, the market price of n-propanol in Shandong Province was 8000-8200 yuan/ton. Distributors around the country 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 order negotiations are the main thing. 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 domestic n-propanol market news is relatively calm. As the National Day holiday approaches, the downstream stock preparation is about to come to an end. The n-propanol data engineer of the business community believes that in the short term, the domestic n-propanol market will be mostly stable and slightly dynamic, with interval adjustment as the main operation. The specific trend needs to pay more attention to the information changes on the supply and demand side.