Since the beginning of xxxx, the chemical sector saw a price hike in n-Propanol in Asia amid increased demand and buying activities from the manufacturing industry due to its widespread use as a solvent in various industries. Simultaneously, the market competition increased from China due to the approaching holidays and increased purchasing and stocking practices from buyers. Consequently, during the prime month of xxxx, the n-Propanol prices witnessed an increase of x.xx. Similarly, in the first week of February xxxx, domestic producers raised the n-Propanol quotations by x.xx.
The demand for n-Propanol was consistent amid the rise in orders for the solvent from the Household & Personal Care sector. Simultaneously, the inquiries were firm from regional food packaging ink manufacturers due to the increased consumption of packaged food in the region. Meanwhile, the n-Propanol orders continued to remain low from the herbicides and insecticide manufacturers due to...
