According to monitoring data from Business Society, as of August 10, 2023, the reference price of n-butanol in the Shandong region of China was 7900 yuan/ton. Compared to August 6 (the reference price of n-butanol was 7900 yuan/ton), the price decreased by 200 yuan/ton, a decrease of 2.47%.
From the data monitoring chart of the Business Society, it can be seen that this week (8.06-8.10), the domestic Shandong n-butanol market as a whole showed a weak trend of decline. This week, the tight supply side situation in the n-butanol market has been alleviated, with normal spot circulation on the market. The centralized replenishment of downstream goods has basically ended, and the overall downstream demand has returned to calm. The support provided by both supply and demand for n-butanol has weakened compared to the previous period. The market price of n-butanol has also been affected by the weakening of support, and the center of gravity has started to move downward. During the week, the price reduction of n-butanol in the Shandong region is based on the range of 100-300 yuan/ton, as of August 10th, The domestic market price of n-butanol in Shandong region is around 7800-8000 yuan/ton.
Aftermarket analysis of n-butanol
At present, the trading atmosphere in the n-butanol market is acceptable, and downstream new orders are relatively cautious. The mentality of the operators is average. The business company’s n-butanol data analyst predicts that in the short term, the domestic Shandong n-butanol market will mainly operate with narrow fluctuations, and the specific trend still needs to pay more attention to specific news changes on the supply and demand side.
| Thiourea |