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SunSirs: Insufficient Positive News, the N-butanol Market in Shandong Region Experienced a Downward Trend

April 17 2025 09:23:42     SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, as of April 16, 2025, the reference price of n-butanol in Shandong Province, China was 6,433 RMB/ton. Compared with April 7 (reference price of n-butanol was 6,783 RMB/ton), the price has decreased by 350 RMB/ton, a decrease of 5.16%.

Recently, the overall n-butanol market in Shandong region of China has shown a weak downward trend. Recently, the focus of negotiations on n-butanol in Shandong has been shifting towards lower levels. As of April 16th, the market price of n-butanol in Shandong has been referenced at 6,350-6,500 RMB/ton, with a price reduction of about 100-300 RMB/ton.

Analysis of Market Factors

In terms of supply and demand: As of April 16th, some maintenance facilities in the n-butanol market have not resumed operation, and the supply pressure in the n-butanol field was still acceptable. The downstream demand performance was average, and users were cautious in following up on new orders, mainly restocking at low prices. Demand transmission was poor, and n-butanol factories offered discounts for shipments, revealing a supply-demand contradiction.

Market outlook

As of April 16th, the trading atmosphere in the n-butanol market was light, with insufficient effective support and a strong wait-and-see attitude. Industry players had a poor mentality, and downstream traders were cautious in restocking at low prices. The n-butanol data analyst from SunSirs believes that in the short term, the n-butanol market in Shandong Province will mainly adjust and operate weakly, and specific changes in supply and demand news need to be closely monitored.

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