According to the Commodity Market Analysis System of Shengyi Society, as of December 12, 2024, the reference price of n-butanol in Shandong Province, China was 7433 yuan/ton, a decrease of 33 yuan/ton or 0.90% compared to the reference price of 7466 yuan/ton on December 6.

This week (12.06-12.12), the overall n-butanol market in Shandong Province, China, experienced a narrow decline. At the beginning of the week, the n-butanol market remained stable and organized, with little change in the supply side and stable supply performance. By the middle of the week, the atmosphere in the n-butanol field was becoming increasingly strong, and downstream demand was cautious. Some factories in Shandong region narrowly lowered the shipment price of n-butanol by 100 yuan/ton. As of December 12th, the domestic n-butanol market price reference in Shandong region is around 7400-7500 yuan/ton.

On the supply side: At the beginning of the month, after the n-butanol plant resumed operation, the overall supply of n-butanol increased. As we entered this week, there was little adjustment in the market supply side, and the overall supply remained mainly loose.

In terms of demand: Currently, the enthusiasm for on-site procurement of n-butanol is average, and downstream users are mainly engaged in essential procurement.

Market price situation of n-butanol

Region/ Product/ December 12th

Shandong region/ N-butanol/ Around 7300-7400 yuan/ton

North China region/ N-butanol/ Around 7300-7400 yuan/ton

South China region/ N-butanol/ Around 7650-7750 yuan/ton

East China region/ N-butanol/ Around 7550-7650 yuan/ton

Market analysis in the future

At present, the trading atmosphere in the domestic n-butanol market is relatively light, with average on-site inquiries. The n-butanol data analyst from Shengyi Society predicts that in the short term, the domestic n-butanol market will mainly experience narrow adjustments, and specific changes in supply and demand information need to be closely monitored.