April 15th — On April 15th, the reference price for n-propanol at Shandong Luxi Chemical was 7,800 RMB/ton, representing a decrease of 300 RMB/ton compared to the previous trading day. According to Chempricehub's analysis of n-propanol, the market sentiment score is -1 (slightly bearish). The report indicates that the spot price of n-propanol at Shandong Luxi Chemical decreased by 300 RMB/ton, dropping from 7,800 RMB/ton to 7,500 RMB/ton, a decline of approximately 3.85%. This suggests an oversupply in the market or weak demand, exerting significant downward pressure on spot prices. The score of -1 (generally bearish) reflects the notable decline, though not yet reaching extreme levels, and it is anticipated that spot prices may continue to face pressure in the short term.
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