According to the Commodity Market Analysis System of Shengyi Society, as of September 19, 2025, the reference price of n-butanol in Shandong Province, China is 5916 yuan/ton, which is basically the same as September 13. Compared with September 1 (reference price of n-butanol is 6100 yuan/ton), the price has decreased by 184 yuan/ton, a decrease of 3.01%.

From the commodity market analysis system of Shengyi Society, it can be seen that this week, the overall market situation of n-butanol in Shandong Province, China, showed a consolidation operation. During the week, there was little change in the market situation of n-butanol in Shandong, and the fundamental performance was relatively calm. As of September 19th, the reference price for n-butanol in Shandong region is around 5900-6000 yuan/ton.
Fundamental situation
Supply and demand: Stable supply and demand, moderate trading
At present, the shipment performance of n-butanol market is still acceptable, with manufacturers actively shipping and downstream stocking according to demand. The atmosphere of inquiry and trading is mild, and some downstream customers have pre holiday stocking expectations, which has boosted market confidence to some extent. The supply and demand transmission of n-butanol is stable.
In terms of cost: raw materials are fluctuating and rising, while cost support is stable
Recently, the raw material propylene market has fluctuated and risen, providing stable cost support for n-butanol. As of September 19th, the benchmark price of propylene in Shengyi Society was 6730.75 yuan/ton, an increase of 1.01% compared to the beginning of this month (6663.25 yuan/ton).
Market analysis in the future
At present, the supply and demand of n-butanol in the upstream and downstream are balanced, and the downstream butyl acrylate market is active, which drives the downstream to increase their enthusiasm for raw material procurement. As the National Day approaches, the overall demand transmission expectation in the market is improving, and the mentality of the industry is good. The n-butanol data analyst of Shengyi Society predicts that in the short term, the n-butanol market in Shandong Province, China will mainly operate steadily and positively.