According to price monitoring data from Business Society, as of May 30, 2023, the reference price for domestic n-propanol was 7933 yuan/ton. Compared to May 1, 2023 (reference price for n-propanol was 7966 yuan/ton), the price was reduced by 33 yuan/ton, a decrease of 0.42%.

From the data monitoring chart of the Business Society, it can be seen that since May (5.1-5.30), the overall domestic n-propanol market has shown a weak fluctuation and a slight decline. In early May, the domestic n-propanol market as a whole fluctuated within a certain range with a narrow range. The narrow downward adjustment of the n-propanol market in Shandong region led to a decline in the overall market focus. In late May, the domestic n-propanol market as a whole showed a decline followed by a correction. Some n-propanol suppliers in Shandong region adjusted the price of n-propanol based on their own inventory and shipping rhythm, with a range adjustment of around 300-600 yuan/ton. As of May 30, the market price of n-propanol in Shandong Province was around 7300-7800 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

At present, the trading atmosphere in the domestic n-propanol market is quiet, and the downstream demand for n-propanol is mainly in demand for procurement. Business Society’s n-propanol data analyst believes that in the short term, the domestic n-propanol market will mainly adjust and operate in a narrow range, and the specific trend needs to pay more attention to changes in supply and demand news.