Price trend

According to the Commodity Market Analysis System of SunSirs, as of January 9, 2025, the reference price of n-butanol in Shandong Province, China was 7,216 RMB/ton. Compared with January 5 (reference price of n-butanol was 7,100 RMB/ton), the price increased by 116 RMB/ton, an increase of 1.64%.

Analysis review

This week, the overall n-butanol market in Shandong, China, saw a narrow upward trend, with low-end n-butanol prices rising and the price difference between high and low prices narrowing. As of January 9th, the reference price for n-butanol in the domestic Shandong region was around 7,200-7,300 RMB/ton, with a price increase of 50-100 RMB/ton within the week.

In terms of supply and demand: as of January 9th, the overall production of n-butanol in the market was relatively stable, with low spot inventory and tight supply in some areas. The supply side provides certain support for the market situation. Downstream users had low inventory of raw materials, and maintained a focus on essential procurement of raw materials.

Market outlook

As of January 9th, the supply of n-butanol was relatively tight, and the mentality of industry players has improved. The downstream market demand for raw materials was relatively stable. The n-butanol data analyst from SunSirs believes that in the short term, the n-butanol market in Shandong Province, China, will mainly be stable to improved, and specific changes in supply and demand information need to be closely monitored.

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