According to monitoring data from Business Society, as of September 14, 2023, the reference price of n-butanol in the Shandong region of China was 9966 yuan/ton. Compared with September 10 (reference price of n-butanol was 9800 yuan/ton), the price increased by 166 yuan/ton, an increase of 1.70%.

From the data monitoring chart of the Business Society, it can be seen that this week (9.10-9.14), the overall market situation of n-butanol in the Shandong region of China showed a slight upward trend. This week, some regions in China have shut down and repaired n-butanol plants. The overall supply of n-butanol in the field is expected to decrease, and the overall pressure on the supply side is relatively low. With no pressure on supply, the downstream procurement enthusiasm of n-butanol has also increased, and the willingness to restock has increased. Therefore, with the joint support of both supply and demand, the center of gravity of the domestic n-butanol market in Shandong region has moved upward as a whole, with a price increase of about 100-200 yuan/ton during the week. As of September 14th, the domestic market price of n-butanol in Shandong region is around 9800-10000 yuan/ton.

Aftermarket analysis of n-butanol

At present, the trading atmosphere of n-butanol on the market is good, and the n-butanol industry has a positive attitude. The downstream demand transmission is good. The n-butanol data analyst of the Business Society predicts that in the short term, the domestic Shandong region’s n-butanol market will mostly operate steadily and improve. The specific trend still needs to pay more attention to specific news changes on the supply and demand side.