Price trend
According to the Commodity Market Analysis System of SunSirs, as of February 6, 2025, the reference price of n-butanol in Shandong Province, China was 7,200 RMB/ton. Compared with January 25 (reference price of n-butanol was 7,066 RMB/ton), the price has increased by 134 RMB/ton, an increase of 1.17%.
Analysis review
Returning from the Spring Festival holiday, on the first day of construction, the n-butanol market in Shandong, China, saw an upward trend. On the 5th, n-butanol factories in Shandong province gradually increased the shipment price of n-butanol by around 100-150 RMB/ton. As of February 6th, the reference market price for n-butanol in Shandong province was 7,200-7,250 RMB/ton.
Market influencing factors
On the demand side: After the holiday, downstream n-butanol gradually returned to the market, and downstream users purchased according to their needs. The low prices in the market gradually disappeared, and the demand side provided certain market support for n-butanol.
On the supply side: After the holiday, the overall supply of n-butanol production plants was stable, with small inventory levels and controllable supply side pressure. The overall supply side also provided support for the n-butanol market.
Market outlook
As of February 6th, the trading atmosphere of n-butanol in Shandong region was mild, and the transmission between supply and demand was still acceptable. The mentality of the industry was good. The n-butanol data analyst of SunSirs believes that in the short term, the domestic n-butanol market in Shandong region will mainly operate in a stable to stronger direction, and more attention should be paid to the changes in supply and demand news.
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