The N-Propanol market in Asia showed a mixed regional trend during the first half of May xxxx. Key consuming countries like China, India, and South Korea saw declining price trends primarily influenced by downstream demand from the paints and coatings industry as well as upstream ethylene dynamics. However, in Japan N-Propanol saw comparatively stable prices.
In the Chinese market, weak buying sentiment in the domestic market was the main cause of the initial decline in N-Propanol prices during the review period. The situation was made worse by the downstream paints and coatings industry&#xx;s slow recovery after the Golden Week holidays. Additionally, market participants remained cautious due to local suppliers&#xx; ample inventories. A persistent lack of demand recovery in the coatings industry and slight drops in upstream ethylene prices drove the downtrend into the second week. During this time, ethylene prices...
