Price trend

According to the price monitoring data of SunSirs, as of December 20, 2022, the price reference of domestic n-propanol was 8,633 RMB/tonn. Compared with December 13 (the reference price of n-propanol was 8,650 RMB/tonn), the price decreased by 17 RMB/tonn, or 0.19%.

Analysis review

It can be seen from the data monitoring chart of SunSirs that the recent (12.13-12.20) domestic n-propanol market generally fluctuated in the range of rise and fall. Recently, the price of n-propanol in Shandong's large factories was adjusted by a narrow range. The overall market price of n-propanol in Shandong fluctuated by a narrow range with the large factories and their own inventory, with a shock range of 100-150 RMB/tonn. As of the 20th, the news of n-propanol on the site was relatively calm, and downstream demand remained stable. On December 20, the market price of n-propanol in Shandong Province was around 8,100-8,500 RMB/tonn, and the price of n-propanol in barrels was around 9,300-9,500 RMB/tonn.

Market outlook

Near the end of the year, the downstream of n-propanol began to stock up one after another, and the transmission of supply and demand was relatively stable. According to the n-propanol data engineer of SunSirs, in the short term, the domestic n-propanol market is dominated by narrow range adjustment, and the specific trend needs to pay more attention to the information changes on the supply and demand side.

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