According to the Commodity Market Analysis System of Shengyi Society, as of November 6, 2024, the reference price of n-butanol in Shandong Province, China was 7266 yuan/ton. Compared with November 1 (reference price of n-butanol was 6900 yuan/ton), the price has increased by 366 yuan/ton, an increase of 5.31%.
From the Commodity Market Analysis System of Shengyi Society, it can be seen that in the first week of November, the overall market situation of n-butanol in Shandong Province, China, showed a slight upward trend. Entering November, the n-butanol market is operating steadily and steadily. Entering this week, the market price of n-butanol is gradually approaching high levels, and factories and suppliers in Shandong have raised the ex factory price of n-butanol by 100-150 yuan/ton. As of November 6th, the reference price for n-butanol in the domestic Shandong region is around 7200-7300 yuan/ton.
On the supply side: In November, the overall supply performance of n-butanol in the field was stable, and the supply side provided stable support similar to n-butanol.
On the demand side: Currently, downstream demand for n-butanol has improved, with a mild atmosphere for on-site inquiries. Overall transactions for n-butanol have also improved, and prices in the n-butanol market are gradually rising with the support of demand.
Market analysis in the future
At present, downstream replenishment of n-butanol is relatively active, and the atmosphere in the market is gradually warming up. The n-butanol data analyst from Shengyi Society believes that in the short term, the domestic n-butanol market will mainly operate in a stable to strong direction, and specific changes in supply and demand information need to be closely monitored.
| http://www.polyvinylalcohols.com |