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SunSirs: The Domestic N-propanol Market is Operating in a Downward Trend

November 08 2023 14:04:57     

Latest price: On November 7th, the price of n-propanol was based on 7700 RMB/ton. Compared to the previous working day, the price was reduced by 66 RMB/ton, a decrease of 0.86 RMB.

Analysis: On November 7th, the overall market situation of n-propanol in China was weak and moving downwards. Downstream demand for n-propanol was mainly cautious and just in need of procurement, and overall market support was provided by the demand side. Some factories and suppliers lowered the price of n-propanol by about 100 RMB/ton.

Future forecast: Currently, the overall trading atmosphere in the n-propanol market is light, and the supply and demand transmission is average. It is expected that in the short term, the adjustment of the domestic n-propanol market range will be the main trend, and more attention should be paid to the changes in supply and demand information.

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