Price trend

According to the Commodity Market Analysis System of SunSirs, as of February 18, 2025, the reference price of n-butanol in Shandong Province, China was 7,283 RMB/ton. Compared with February 14 (reference price of n-butanol was 7,323 RMB/ton), the price has decreased by 40 RMB/ton, a decrease of 0.55%.

Analysis review

Entering this week, the n-butanol market in Shandong, China, has experienced a narrow decline. At the beginning of the week, some n-butanol factories in Shandong province narrowly reduced the price of n-butanol by about 20-50 RMB/ton. As of February 18th, the reference price for n-butanol market in Shandong region was around 7,200-7,400 RMB/ton.

On the demand side: At the beginning of the week, the trading atmosphere in the n-butanol market was light, and demand inquiries performed poorly. Some n-butanol factories offered discounts for shipments, and downstream users made purchases at low prices, resulting in a slight downward shift in the overall market focus.

On the supply side: As of February 17th, due to cautious demand, some n-butanol factories were facing certain supply pressure on the overall supply side to ensure low inventory levels, and the market support provided by the supply side was limited.

In terms of cost: As we entering this week, the upstream raw material propylene market has experienced a slight decline overall. The support for n-butanol on the cost side has weakened. On February 18th, the reference price of propylene was 6,835.75 RMB/ton, a decrease of 0.62% compared to February 14th (6,878 RMB/ton).

Market outlook

As of February 17th, the atmosphere of on-site negotiations for n-butanol was relatively low, and the mentality of industry players was average. The transmission of supply and demand has slowed down. The n-butanol data analyst from SunSirs believes that in the short term, the domestic n-butanol market will mainly consolidate and operate after a slight decline, and specific changes in supply and demand news need to be closely monitored.

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