According to the Commodity Market Analysis System of Shengyi Society, as of December 20, 2024, the reference price of n-butanol in Shandong Province, China was 7300 yuan/ton. Compared with December 15 (reference price of n-butanol was 7400 yuan/ton), the price has decreased by 100 yuan/ton, a decrease of 1.35%.

This week (12.15-12.20), the overall market situation of n-butanol in Shandong region of China showed a fluctuating downward trend. At the beginning of the week, the n-butanol market was weakly stable and operating. In the middle of the week, the shipment prices of n-butanol in some areas of Shandong Province were narrowly reduced by 100 yuan/ton, with a reference for low prices around 9250-9300 yuan/ton. As the weekend approached, the overall shipment of n-butanol in the market improved, and some factories raised the n-butanol prices narrowly by 50 yuan/ton. As of December 20th, the reference market price for n-butanol in Shandong Province, China is around 7300 yuan/ton.

In terms of supply and demand: Currently, the supply of n-butanol is stable, with a slight release of downstream demand and expectations of improvement on the demand side. The transmission between supply and demand is still acceptable.

Market price situation of n-butanol

Region/ Product/ December 20th

Shandong region/ N-butanol/ Around 7300 yuan/ton

North China region/ N-butanol/ Around 7300-7400 yuan/ton

South China region/ N-butanol/ Around 7550-7600 yuan/ton

East China region/ N-butanol/ Around 7450-7500 yuan/ton

Market analysis in the future

At present, the trading atmosphere in the n-butanol market is mild, with downstream demand for purchasing and small-scale stocking. Business Society’s n-butanol data analyst predicts that in the short term, the domestic n-butanol market will mainly operate steadily, and specific changes in supply and demand information need to be closely monitored.