According to the Commodity Market Analysis System of Shengyi Society, as of January 3, 2025, the reference price of n-butanol in Shandong Province, China was 7100 yuan/ton, a decrease of 16 yuan/ton or 0.23% compared to the reference price of 7116 yuan/ton on December 31.

After the return of New Year’s Day, the overall market situation of n-butanol in Shandong region of China is running at the low-end. Some factories have narrowly lowered the shipment price of n-butanol after the holiday, with a reduction of 50 yuan/ton. The overall focus of market negotiations has shifted downwards. As of January 3rd, the reference price for n-butanol market in Shandong Province, China is 7050-7150 yuan/ton.

On the supply side: Currently, the supply of n-butanol is relatively sufficient, and there is a certain supply pressure on the supply side. In order to maintain low inventory, factories actively ship and negotiate stable and narrow price adjustments.

On the demand side: Currently, the downstream production level of n-butanol is moderate, and caution is exercised in raw material procurement, mainly focusing on essential procurement. The overall transmission between supply and demand is weak and stable.

Market price situation of n-butanol

Region/ Product/ January 3rd

Shandong region/ N-butanol/ Around 7050-7150 yuan/ton

North China region/ N-butanol/ Around 7100-7200 yuan/ton

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

East China region/ N-butanol/ Around 7350-7400 yuan/ton

Market analysis in the future

At present, the trading atmosphere in the n-butanol market is light and mild, with average new orders and weak transmission between supply and demand. The n-butanol data analyst from Shengyi Society believes that in the short term, the domestic n-butanol market will mainly adjust its range operation, and more attention should be paid to changes in supply and demand news.