According to the commodity market analysis system of Business Society, as of June 27, 2024, the reference price of n-butanol in Shandong Province, China was 8900 yuan/ton. Compared with June 20 (reference price of n-butanol was 9166 yuan/ton), the price decreased by 266 yuan/ton, a decrease of 2.91%.

From the commodity market analysis system of Shengyishe, it can be seen that in recent days (6.20-6.27), the domestic Shandong region’s n-butanol market has fallen from a high level. After the initial demand for n-butanol has ended, the overall demand for n-butanol has weakened, and the support provided by the demand side to the market is average. The trading atmosphere on the market is average, and the focus of negotiations in the n-butanol market is moving downwards. As of June 27th, the domestic Shandong region’s n-butanol market price is around 8700-9000 yuan/ton.

Future analysis

At present, the overall supply side of the n-butanol factory is still operating at a low level, and the supply side is relatively stable, providing certain support to the market. The downstream demand market is cautious, and the demand side has loosened slightly. The n-butanol data analyst of Business Society believes that in the short term, the overall stability and consolidation of the domestic n-butanol market are the main factors, and the specific trend still needs to pay more attention to the changes in news on the supply and demand side.