SunSirs: The N-propanol Market Fluctuated Forward (March 1-10)
March 15 2023 11:31:38 SunSirs (John)
Price trend
According to the price monitoring data of SunSirs, as of March 10, 2023, the price of domestic n-propanol was referenced at 8,000 RMB/ton, which was basically the same as that of March 1, 2023.
Analysis review
It can be seen from the data monitoring chart of SunSirs that in the first ten days of March (3.1-3.10), the domestic n-propanol market generally operated forward with a small fluctuation in the range. Recently, the supply and demand information of n-propanol on the market had not changed much. The market price of n-propanol in Shandong Province was mostly adjusted by suppliers in a narrow range according to factors such as their own inventory, with an adjustment range of around 100 RMB/ton.
As of March 10, the market price of n-propanol in Shandong Province was around 7,400-7,600 RMB/ton, and the price of n-propanol in barrels was around 9,000 RMB/ton. Dealers in different regions had reservations about the price, and the price was not easy to monitor, which might lead to differences in the specific negotiation situation. There were also differences in each region, and the negotiation was based on the actual order.
Market outlook
As of March 10, the trading atmosphere of n-propanol on the market was mild, the downstream demand was relatively stable, and the operators were in a good mood. The n-propanol statistician of SunSirs believes that in the short term, the domestic n-propanol market is mostly stable, and the specific trend needs to pay more attention to the changes in the information on the supply and demand side.
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- 2024-03-28 SunSirs: Recently, the N-propanol Market Had Been Consolidating after a Slight Decline (March 20-26)
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