After the end of November, domestic n-butanol fell sharply, with the listing price of Luxi Chemical Industry as an example, just a week of n-butanol decline reached 400 yuan / ton, the market uproar.

The afternoon of November 25th Taixing Sunwood fire, the fire was extinguished in the morning. According to industry sources, the accident caused by the factory or acrylic acid and ester plant shutdown rectification, then there is a strong upward price by the above expectations, or the formation of certain Dumbledore for n-butanol boost.

The cause of the crash: n-butanol after the end of November, domestic n-butanol fell sharply, with the listing price of Luxi Chemical Industry as an example, just a week of n-butanol decline reached 400 yuan / ton, the market uproar.

The reason for the dropping trend to start in October:

National Day after chemical rose, the market mentality quickly turn, because of the relatively low level of butanol supply (East China Normal main port inventory at 1-1.5 million tons, and 11 months in Jiangyin stock was down to 3000-5000 tons), then lead the market rose.

N-butanol market of East China from 5800 yuan / ton rose to 6600 yuan / ton, just two weeks time spot rose to 800 yuan / ton. The rally triggered a series of chain reaction, after mid November butanol three main downstream profit is shrinking rapidly, butyl industry was forced to shut down for maintenance, fast shrinking demand to the potential need for big profits.