According to the Commodity Market Analysis System of Shengyi Society, as of March 20, 2025, the reference price of n-butanol in Shandong Province, China is 6683 yuan/ton. Compared with March 16 (reference price of n-butanol is 6640 yuan/ton), the price has increased by 43 yuan/ton, an increase of 0.65%.
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 yuan/ton, while the n-butanol price of major factories in Shandong remained stable at around 6650 yuan/ton. During the weekend, the market in Shandong is mainly focused on consolidation and operation. As of March 20th, the reference price for n-butanol market in Shandong is around 6650-6700 yuan/ton.
Analysis of Market Factors
In terms of supply and demand: Currently, n-butanol factories are maintaining stable prices, actively shipping, and maintaining low inventory levels. The downstream demand market tends to restock at low prices, and a slight increase in demand has led to a narrow upward adjustment in market prices. However, overall stocking remains cautious, and the overall demand in the market has not improved significantly. Therefore, the upward adjustment in the n-butanol market during the week is limited.
Market analysis in the future
At present, the trading atmosphere for n-butanol production capacity is relatively weak, and downstream demand is still in the recovery stage. There are signs of a game between supply and demand. According to the n-butanol data analyst from Business Society, in the short term, the overall n-butanol market in Shandong will mainly remain stable and operate, and specific changes in supply and demand information need to be closely monitored.
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