According to the Commodity Market Analysis System of Shengyi Society, as of July 15, 2024, the reference price of n-butanol in Shandong Province, China was 8100 yuan/ton. Compared with July 8 (reference price of n-butanol was 8500 yuan/ton), the price has decreased by 400 yuan/ton, a decrease of 4.71%.
From the commodity market analysis system of Shengyi Society, it can be seen that recently (7.8-7.15), the focus of the n-butanol market in Shandong Province, China has shown a downward trend. As of July 15th, the reference price for n-butanol in the domestic Shandong region is around 8100-8300 yuan/ton.
Analysis of Factors Influencing the Market Situation of n-Butanol
In terms of demand: Recently, the downstream demand for n-butanol has been average. After the phase of demand ends, the overall trading atmosphere in the market is relatively light, and the weak downstream market for n-butyl acetate has also weakened the support for n-butanol.
Supply side: Currently, the overall supply of n-butanol is loose, with sufficient inventory and insufficient market support from the supply side.
Market price situation of n-butanol
Region/ Product/ July 15th
Shandong region/ N-butanol/ Around 8000-8200 yuan/ton
North China region/ N-butanol/ Around 8000-8200 yuan/ton
South China region/ N-butanol/ Around 8700-8800 yuan/ton
East China region/ N-butanol/ Around 8400-8600 yuan/ton
Market analysis in the future
At present, the trading volume of n-butanol in the market is light, and the atmosphere of actual inquiries is relatively quiet. The n-butanol data analyst from Shengyi Society believes that in the short term, the n-butanol market in Shandong, China, will mainly adjust and operate in multiple intervals, and the specific trend still needs to pay more attention to changes in supply and demand news
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