Price trend

According to price monitoring data from SunSirs, as of March 27, 2024, the reference price for domestic n-propanol market was 7,916 RMB/ton. Compared with March 24, the price increased by 16.7 RMB/ton, an increase of 0.21%.

Analysis review

From the data monitoring chart of the SunSirs, it can be seen that in the late March stage, the overall market situation of domestic n-propanol has experienced a slight recovery. On the 27th, Shandong large factories narrowly increased the shipping price of n-propanol by 50 RMB/ton. The price adjustment of large factories drove the overall low price of n-propanol market up, and some n-propanol suppliers also followed in the footsteps of large factories and narrowly increased the price of n-propanol, resulting in a slight increase in the overall market focus. As of March 27th, the domestic market price of n-propanol in Shandong region was around 7,200-7,600 RMB/ton, with a relatively high price of around 7,700-7,800 RMB/ton. The domestic market price of n-propanol in Nanjing region was around 8,500-9,000 RMB/ton, and specific orders need to be negotiated based on actual transactions.

Market outlook

As of March 27th, the overall shipment rhythm of n-propanol was still good, with downstream continuing to focus on essential procurement. After major factories adjusted prices, they gave the market some confidence. As of March 27th, the mentality of n-propanol operators had improved, and the overall wait-and-see sentiment on the market had decreased. SunSirs' n-propanol data analyst believes that in the short term, the domestic n-propanol market will mainly operate with large stability and small fluctuations, and specific information on supply and demand needs to be paid attention to.

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