According to the monitoring data of the business community, as of September 15, the average ex factory price of domestic n-butanol was 6966 yuan/ton. Compared with September 11 (the average reference price of n-butanol was 6666 yuan/ton), the average price increased by 300 yuan/ton, or 4.5%.

It can be seen from the data monitoring chart of the business community that after the Mid Autumn Festival (9.12-9.15), the overall n-butanol market in Shandong Province showed a steady upward trend. After the festival, the downstream demand for n-butanol was released steadily. Supported by the demand side, the n-butanol market price was gradually rising. As of September 14, the factory price of n-butanol in Shandong Province in China was around 6800-7000 yuan/ton. Compared with before the festival, the price rose by 200 yuan/ton, or more than 3%. At present, the trading atmosphere of n-butanol in the market is mild, the mentality of the industry is good, and the overall market is strong.

In terms of upstream propylene, after the Mid Autumn Festival, the overall domestic propylene market in Shandong Province showed an upward trend. According to the data monitoring of the business community, the reference price of propylene was 7440.60 yuan/ton on September 14, up 1.90% compared with September 8 (7300 yuan/ton).

Post market analysis of n-butanol

At present, the downstream demand for n-butanol has been released to a certain extent after the festival. The market transactions are relatively active, and the factory quotations are mostly firm. The n-butanol data engineer of the business community believes that in the short term, the domestic n-butanol market in Shandong will mainly operate stably, and whether the market price can continue to rise requires more attention to the specific changes in the supply and demand side.