SunSirs: After the Holiday, the Market for N-propanol Saw a Slight Increase
February 28 2024 10:26:35 SunSirs (John)
Price trend
From the monitoring chart of SunSirs data, it can be seen that after the Spring Festival holiday in February, the overall domestic n-propanol market had slightly increased. After the holiday, the news on the market for n-propanol was relatively calm, and the overall market for n-propanol did not change much. Some n-propanol suppliers had slightly increased the price of n-propanol based on their own inventory and other factors, with an increase of about 50-100 RMB/ton. As of February 26th, the domestic market price of n-propanol in Shandong region was around 7,400-7,800 RMB/ton. The lower price was around 7,150-7,350 RMB/ton. The market price of n-propanol in the Nanjing area was around 8,500-9,000 RMB/ton. Dealers in different regions still had reservations about prices, and the difficulty in monitoring prices led to differences in specific negotiation situations. Each region also had differences, and actual orders were mainly based on negotiations
Market outlook
As of February 26th, the overall operating rate of domestic n-propanol plants was low, and downstream demand was slowly recovering. The overall demand performance was average, and the market trading atmosphere was light. SunSirs' n-propanol data analyst predicts that in the short term, the domestic n-propanol market will mainly operate in a consolidation manner, 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.
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- 2024-04-03 SunSirs: In March, the Market for N-propanol Experienced a Slight Fluctuation
- 2024-03-29 SunSirs: At the End of the Month, the N-propanol Market Slightly Rebounded
- 2024-03-28 SunSirs: Recently, the N-propanol Market Had Been Consolidating after a Slight Decline (March 20-26)
