SunSirs: In early December, the N-Propanol Market Was Stable and Consolidated

Price trend

According to price monitoring data from SunSirs, as of December 5, 2023, the reference market price for domestic n-propanol was 7,883 RMB/ton, which was basically the same as December 1, 2023. Compared with November 1, 2023 (reference price for n-propanol was 7,766 RMB/ton), the price increased by 117 RMB/ton, an increase of 1.50%.

Analysis review

From the data monitoring chart of SunSirs, it can be seen that in the early December, the overall domestic n-propanol market remained stable and consolidated, with little fluctuations in the market. The supply and demand information of n-propanol was relatively calm, and the transmission between supply and demand was basically normal. Some n-propanol operators and suppliers adjusted prices narrowly based on their own inventory and shipment situation, which had a relatively small impact on the overall trend of the current n-propanol market. As of December 5th, the domestic market price of n-propanol in Shandong region was around 7,100-7,850 RMB/ton. The n-propanol plant in the Nanjing area operated normally, and the operation of the n-propanol market was stable overall, with a market reference price of around 8,500-9,000 RMB/ton. Dealers in different regions still had reservations about prices, and the difficulty in monitoring prices might lead to differences in specific negotiation situations. Each region also had differences, and actual orders were mainly negotiated.

Market outlook

As of December 5th, the overall trading atmosphere in the domestic n-propanol market had been mild, with downstream n-propanol mainly purchasing just on demand. The overall supply and demand transmission in the market was relatively stable. SunSirs' n-propanol data analyst predicts that in the short term, the domestic n-propanol market will mainly be stable 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.