Price trend

According to price monitoring data from SunSirs, as of March 8, 2024, the reference price for domestic n-propanol market was 7,916 RMB/ton. Compared with March 1, the price remained basically unchanged. Compared with February 1 (reference price for n-propanol WAs 7,950 RMB/ton), the price increased by 34 RMB/ton, an increase of 0.42%.

Analysis review

From the monitoring chart of SunSirs data, it can be seen that in February, the domestic propylene glycol market fluctuated. Entering March, the n-propanol market is relatively quiet, with little adjustment in supply and demand. The overall market remains stable and stable, with little change in n-propanol production. Overall supply side shipments are normal, and downstream procurement is mainly ON demand. As of March 8th, the domestic market price of n-propanol in Shandong region is around 7,150-7,600 RMB/ton. The market price of n-propanol in the Nanjing area is around 8,500-9,000 RMB/ton. Dealers 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 orders mainly based on negotiations.

Market outlook

As of March 8th, the trading atmosphere in the n-propanol market has been mild, with new orders being purchased on demand, and downstream demand gradually recovering. According to the n-propanol data analyst from SunSirs, in the short term, the domestic n-propanol market will mainly operate stably with small fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand news.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.