According to the commodity market analysis system of Business Society, as of June 20, 2024, the reference price of n-butanol in Shandong Province, China was 9166 yuan/ton. Compared with June 14 (reference price of n-butanol was 9000 yuan/ton), the price increased by 166 yuan/ton, an increase of 1.85%; Compared with June 1st (reference price of n-butanol at 8366 yuan/ton), the price has increased by 800 yuan/ton, an increase of 9.56%.

From the commodity market analysis system of the Business Society, it can be seen that in early June, with the comprehensive support of supply and demand, the domestic market for n-butanol in Shandong Province saw a broad increase. On June 10th, the market price of n-butanol in Shandong Province was around 9150-9250 yuan/ton, with a ten day increase of 9.96%.

By mid month, some units of n-butanol have resumed operation, and downstream demand has slightly weakened. The high price of n-butanol has slightly declined. On June 14th, the market price of n-butanol in Shandong region fell back to around 9000 yuan/ton.

Entering this week (6.15-6.20), the overall market for n-butanol in Shandong, China, is once again experiencing a strong performance. The spot supply side of n-butanol is tight, and downstream demand has increased. Supply and demand have once again provided market support, and the focus of the n-butanol market is constantly approaching high levels. As of June 20th, the domestic market price for n-butanol in Shandong is around 9100-9300 yuan/ton.

Future analysis

At present, the trading atmosphere on the n-butanol market is mild, and the n-butanol industry has a good mentality. The n-butanol data analyst from Business Society believes that in the short term, the domestic n-butanol market will mainly operate steadily and positively, and the specific trend still needs to pay more attention to changes in supply and demand news.