According to the monitoring data of Business News Agency, as of February 10, 2023, the reference price of n-butanol in Shandong Province was 7400 yuan/ton. Compared with February 6 (the reference price of n-butanol was 7833 yuan/ton), the price was reduced by 433 yuan/ton, or 5.53%.

It can be seen from the data monitoring chart of the Business Agency that this week (2.06-2.10), the domestic n-butanol market in Shandong Province was generally weak. This week, the downstream construction of n-butanol was generally started, and the demand side gave limited support to n-butanol. The trading atmosphere of n-butanol on the market was light, and the wait-and-see mood was strong. In addition, the cost support of n-butanol given by the downward market of the raw material side was also weak. Under the insufficient effective support, the market of n-butanol continued to decline. As of February 10, the domestic market price of n-butanol in Shandong Province was around 7200-7400 yuan/ton, and the price was reduced by about 300-500 yuan/ton compared with the beginning of the week.

Aftermarket analysis of n-butanol

At present, the transaction of new orders of n-butanol is cautious, and the demand needs to be gradually opened. The n-butanol statistician of the business agency believes that in the short term, the domestic market of n-butanol in Shandong Province is mainly weak in consolidation and operation, and the specific trend needs to pay more attention to the specific information changes on the supply and demand side.