Price trend

According to the Commodity Market Analysis System of SunSirs, as of March 20, 2025, the reference price of n-butanol in Shandong Province, China was 6,683 RMB/ton. Compared with March 16 (reference price of n-butanol was 6,640 RMB/ton), the price has increased by 43 RMB/ton, an increase of 0.65%.

Analysis review

This week, the n-butanol market in Shandong, China, saw a slight increase and then stabilized. At the beginning of the week, some factories in Shandong region raised the ex factory price of n-butanol by 50-100 RMB/ton, while the n-butanol price of major factories in Shandong remained stable at around 6,650 RMB/ton. During the weekend, the market in Shandong was mainly focused on consolidation and operation. As of March 20th, the reference price for n-butanol market in Shandong was around 6,650-6,700 RMB/ton.

Analysis of Market Factors

In terms of supply and demand: As of March 20th, n-butanol factories were maintaining stable prices, actively shipping, and maintaining low inventory levels. The downstream demand market tended to restock at low prices, and a slight increase in demand has led to a narrow upward adjustment in market prices. However, overall stocking remained cautious, and the overall demand in the market has not improved significantly. Therefore, the upward adjustment of the n-butanol market during the week was limited.

Market outlook

As of March 20th, the trading atmosphere for n-butanol production capacity was relatively weak, and downstream demand was still in the recovery stage. There were signs of a game between supply and demand. According to the n-butanol data analyst from SunSirs, in the short term, the overall n-butanol market in Shandong will mainly remain stable, and specific changes in supply and demand information need to be closely monitored.

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