According to the price monitoring data of the Business Agency, as of March 20, 2023, the reference price of domestic n-propanol was 8000 yuan/ton, which was basically the same as that of March 1, 2023. The benchmark price of n-propanol for Business Club was 8050.00 yuan/ton, up 0.62% from the beginning of this month (8000.00 yuan/ton).

As can be seen from the data monitoring chart of the Business Agency, in the recent period (3.12-3.20), the overall range of the domestic n-propanol market has fluctuated and operated in a narrow range. The overall performance of the downstream demand side is relatively calm, while the overall change in the n-propanol supply and demand side is not significant. The market for n-propanol in Shandong Province fluctuated slightly, with a price adjustment range of around 50-100 yuan/ton. The overall stable operation of the n-propanol market in Nanjing is dominated. As of March 20, the market price of n-propanol in Shandong Province in China is around 7500-8000 yuan/ton, and the barrel price is around 9000 yuan/ton. The market price of n-propanol in Nanjing is around 9000-9500 yuan/ton. Distributors in various regions still have reservations about prices, and the difficulty in monitoring prices may lead to differences in the specific negotiation situation. There are also differences in each region, and negotiations based on actual orders are primarily conducted.

Prediction of future trend of n-propanol

At present, the trading atmosphere of n-propanol on the market is normal, and the attitude of the operators is stable. The n-propanol data analyst of the business agency believes that in the short term, the domestic n-propanol market will mainly operate stably and slightly, and the specific trend needs to pay more attention to the changes in information on the supply and demand side.