According to the Commodity Market Analysis System of Shengyi Society, as of January 9, 2025, the reference price of n-butanol in Shandong Province, China is 7216 yuan/ton. Compared with January 5 (reference price of n-butanol is 7100 yuan/ton), the price has increased by 116 yuan/ton, an increase of 1.64%.
This week, the overall n-butanol market in Shandong, China, saw a narrow upward trend, with low-end n-butanol prices rising and the price difference between high and low prices narrowing. As of January 9th, the reference price for n-butanol in the domestic Shandong region is around 7200-7300 yuan/ton, with a price increase of 50-100 yuan/ton within the week.
In terms of supply and demand: Currently, the overall production of n-butanol in the market is relatively stable, with low spot inventory and tight supply in some areas. The supply side provides certain support for the market situation. Downstream users have low inventory of raw materials, and maintain a focus on essential procurement of raw materials.
Market price situation of n-butanol
Region/ Product/ January 9th
Shandong region/ N-butanol/ Around 7200-7300 yuan/ton
North China region/ N-butanol/ Around 7200-7300 yuan/ton
South China region/ N-butanol/ Around 7550-7650 yuan/ton
East China region/ N-butanol/ Around 7300-7350 yuan/ton
Market analysis in the future
At present, the supply of n-butanol is relatively tight, and the mentality of industry players has improved. The downstream market demand for raw materials is relatively stable. The n-butanol data analyst from Shengyi Society believes that in the short term, the n-butanol market in Shandong Province, China, will mainly focus on stable operation, and specific changes in supply and demand information need to be closely monitored.
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