1、 Price trend
In April 2026, the market price of n-propanol in Shandong Province showed a unilateral downward trend. The price of n-propanol fell in three steps from a high of 8500 yuan/ton at the beginning of the month, and finally stabilized after reaching 7800 yuan/ton on April 16. There was no rebound at the end of the month, and the cumulative decline during the month was 8.24%.
Key points of decline:
April 10th: The first decline, from 8500 yuan/ton to 8100 yuan/ton, a decrease of 4.71%.
April 16th: Second decline, from 8100 yuan/ton to 7800 yuan/ton, a decrease of 3.70% (cumulative decrease of 8.24%).
April 16-30: The price remained flat at 7800 yuan/ton and remained relatively stable thereafter.
2、 Analysis of Factors Influencing Market Trends
Supply side: The operating rate of domestic n-propanol plants is relatively high, and the overall market supply is sufficient. The supply side provides limited market support.
Demand side: Downstream procurement demand for coatings, inks, pharmaceuticals, and other industries in the n-propanol terminal is weak, and pre holiday stocking performance is average, mostly based on on-demand procurement. The market lacks large-scale replenishment support, and overall supply and demand transmission is loose.
Industry mentality: Currently, there is a certain level of concern in the market, and there is a lack of confidence in the recovery of demand in the future. Traders have a strong willingness to ship, which has a certain constraint on prices.
3、 Future prospects
At present, the trading atmosphere in the n-propanol market is mild, and the market fundamentals are calm. Although the market support was insufficient in April, as we enter May, with the gradual warming of the weather, downstream production is expected to rebound during the peak season, and demand is expected to rebound. It is expected that the market situation will still fluctuate slightly in the short term, and specific changes in supply and demand news need to be monitored.
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