1、 Price trend
On October 14th, the domestic market price reference for n-propanol in Shandong was 7850 yuan/ton, which was 650 yuan/ton lower than the reference price of 8500 yuan/ton on October 1st, a decrease of 3.97%.
1、 In early October 2026, the overall market trend of Shandong n-propanol showed a high-level decline. Returning from the National Day holiday, the market for n-propanol in Shandong has experienced a wide decline. The price of n-propanol from major factories in Shandong has fallen below 8000 yuan/ton, causing the overall market focus to decline. In the following two days, the market for n-propanol has slightly rebounded by 50 yuan/ton before stabilizing. As of October 14th, the market price for n-propanol in Shandong is around 7850-8000 yuan/ton.
2、 Market influencing factors
On the demand side: In the early stage, the market price of n-propanol in Shandong rose to a high of 8500 yuan/ton, which was driven by downstream users’ concentrated replenishment and temporary tight supply, and did not reach a long-term tight balance state. After the price was pushed to a high level, downstream markets (such as n-propyl acetate, ink, and coating solvents) began to show cautious sentiment towards high prices. Coupled with the basic end of pre holiday stocking, downstream follow-up procurement was cautious and took goods on demand. After the holiday, the demand for n-propanol significantly contracted.
On the supply side, in recent times, n-propanol manufacturers have been operating steadily, and overall production capacity has not substantially decreased. Factories and traders have concentrated the outflow of pre shipment goods, resulting in more circulating goods and loose spot supply, causing prices to shift from tight to loose.
In terms of cost: The recent market trend of methanol products related to the upstream of n-propanol is weak, and the support provided by the cost side for n-propanol is loose. The raw material support is insufficient, and the n-propanol market support is poor, resulting in a rapid decline in prices.
3、 Outlook for future market trends
At present, the trading atmosphere in the Shandong n-propanol market is mild, and there is still a wait-and-see sentiment in the market. The overall downstream purchasing status is still cautious, and the positive support is limited. Data analysts predict that in the short term, the Shandong n-propanol market will mainly operate in a range of fluctuations. It is also necessary to pay attention to the market’s operating conditions, the recovery of downstream industries such as coatings, and the proactive replenishment of inventory.
| http://www.pva-china.net |