According to monitoring data from Business Society, as of April 24, 2023, the reference price of n-butanol in Shandong Province, China was 7866 yuan/ton. Compared with April 14 (reference price of n-butanol was 7933 yuan/ton), the price decreased by 67 yuan/ton, a decrease of 0.43%.

From the monitoring chart of Business Society data, it can be seen that in late April, the domestic Shandong region’s n-butanol market showed an overall range adjustment operation, and the market price of n-butanol in Shandong remained fluctuating in the range of 7700-7900 yuan/ton. Recently, the overall supply and demand of the domestic n-butanol market has been in a slight adjustment state, with a slight game between supply and demand. Therefore, the n-butanol market industry has also made slight adjustments with changes in the transmission between supply and demand, with an adjustment range of about 50-100 yuan/ton.

Market price situation of n-butanol

Region/ Product/ April 24th

Shandong region/ N-butanol/ 7700-7900

North China region/ N-butanol/ 7950-8050

South China region/ N-butanol/ 8300-8400

East China region/ N-butanol/ 8200-8300

Future analysis

At present, the spot supply of n-butanol in the market is stable, and downstream users are mainly purchasing at low prices for basic needs. According to the n-butanol data analyst of Business Society, in the short term, the domestic n-butanol market in Shandong region will mainly operate with large stability and small fluctuations. The specific trend still needs to pay more attention to changes in supply and demand news.