According to the Commodity Market Analysis System of Shengyi Society, as of December 2, 2024, the reference price of n-butanol in Shandong Province, China was 7333 yuan/ton. Compared with November 25 (reference price of n-butanol was 7400 yuan/ton), the price has decreased by 67 yuan/ton, a decrease of 0.90%.

Recently (11.24-12.02), the overall market situation of n-butanol in Shandong region of China has been stable with narrow fluctuations. At the beginning of the week, the n-butanol market saw a slight increase. During the week, the market remained stable and consolidated. As the weekend approaches, some regions in China have a strong willingness to ship n-butanol in the market, resulting in a narrow reduction of n-butanol shipment prices by 50-100 yuan/ton. On December 2nd, the reference price for n-butanol market in Shandong region of China was around 7300-7400 yuan/ton.

Supply side: Currently, some n-butanol units have resumed operation, resulting in an overall increase in supply within the site. The support provided by the supply side to the market is weak.

In terms of demand: At the end of the month, downstream demand for n-butanol showed periodic procurement. Although demand increased, there was still an increase in supply. Therefore, at the end of the month, the overall market showed a dual increase in supply and demand, with narrow fluctuations in the market.

Market price situation of n-butanol

Region/ Product/ December 2nd

Shandong region/ N-butanol/ Around 7300-7400 yuan/ton

North China region/ N-butanol/ Around 7300-7400 yuan/ton

South China region/ N-butanol/ Around 7650-7750 yuan/ton

East China region/ N-butanol/ Around 7550-7650 yuan/ton

Market analysis in the future

At present, the trading atmosphere in the n-butanol market is mild, and the overall supply and demand transmission in the market is weak. Business Society’s n-butanol data analyst predicts that in the short term, the domestic n-butanol market will mainly operate with large stability and small movements, and specific changes in supply and demand information need to be closely monitored.