SunSirs: The N-butanol Market in Shandong Region Was Experiencing a Downward Trend This Week (January 10-15)

Price trend

According to the Commodity Market Analysis System of SunSirs, as of January 15, 2025, the reference price of n-butanol in Shandong Province, China was 7,116 RMB/ton. Compared with January 10 (reference price of n-butanol was 7,216 RMB/ton), the price has decreased by 100 RMB/ton, a decrease of 1.39%.

Analysis review

This week (1.10-1.15), the overall n-butanol market in Shandong, China, was weak and declining. During the week, the high-end price of n-butanol was not smooth in shipping, and downstream users restocked at low prices. Many n-butanol factories began to offer discounts and lower the shipping price of n-butanol by around 100 RMB/ton. As of January 15th, the reference price for n-butanol in the domestic Shandong region was around 7,100-7,200 RMB/ton, with a price increase of 50-100 RMB/ton within the week.

In terms of supply and demand: As of January 15th, the overall production of n-butanol in the market was relatively stable, downstream users were cautious in stocking raw materials, high price trading volume was low, downstream inventory was low, and the buying atmosphere and negotiation were relatively low-end.

Market outlook

As of January 15th, after the n-butanol factory voluntarily offered discounts for shipments, the low-end price transactions in the market have improved, and the overall downstream inquiry atmosphere has increased. The n-butanol data analyst from SunSirs believes that in the short term, the domestic n-butanol market will mainly stabilize and consolidate, and specific changes in supply and demand information need to be closely monitored.

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