According to the Commodity Market Analysis System of Shengyi Society, as of March 27, 2025, the reference price of n-butanol in Shandong Province, China is 6650 yuan/ton. Compared with March 1 (reference price of n-butanol is 7133 yuan/ton), the price has decreased by 483 yuan/ton, a decrease of 6.78%.
From March to the present (3.1-3.27), the overall market situation of n-butanol in Shandong Province, China has shown a fluctuating downward trend. In the first half of the month, the focus of the n-butanol market continued to sink. On March 15th, the price of n-butanol in Shandong fell to the lowest point of the month, with a reference of 6640 yuan/ton, a decrease of 6.92% in the first half of the month. At the end of the month, there were sporadic improvements in inquiries about the low price of n-butanol, which slightly boosted the market situation. As the end of the month approaches, the price of n-butanol in Shandong’s major factories has once again declined, driving the market to converge downwards. As of March 27th, the reference price for n-butanol market in Shandong region is around 6550-6700 yuan/ton.
Analysis of Market Factors
Supply side: In March, there is a certain supply pressure on the overall supply side of n-butanol, and factories are actively shipping to maintain low inventory. The support performance of n-butanol from the supply side is poor.
In terms of demand: During the month, the overall performance of downstream demand for n-butanol was relatively weak, dragged down by demand, and the market fell to a low point, stimulating downstream demand to replenish on a small scale. However, overall demand stocking is still cautious, and the boost to n-butanol is still insufficient. In March, the overall supply and demand support of the n-butanol market showed weak performance.
Market analysis in the future
At present, the overall atmosphere in the n-butanol market is relatively weak. In the short term, there may be fluctuations in the supply side of n-butanol, but the demand side is in a stage of release, and the overall wait-and-see sentiment is still strong. According to the n-butanol data analyst from Shengyi Society, in the short term, the n-butanol market in Shandong region will mainly focus on interval consolidation, and specific changes in supply and demand news need to be closely monitored.