According to the Commodity Market Analysis System of Shengyi Society, as of November 24, 2025, the reference price of n-butanol in Shandong Province, China is 5066 yuan/ton. Compared with November 1 (reference price of n-butanol is 5233 yuan/ton), the price has decreased by 167 yuan/ton, a decrease of 3.18%.

Poor fundamentals, Shandong n-butanol market continues to operate weakly in November
From the Commodity Market Analysis System of Shengyi Society, it can be seen that since November, the n-butanol market in Shandong Province, China has continued to decline, and the focus of n-butanol negotiations has been continuously decreasing. During the month, n-butanol factories and suppliers actively shipped goods to maintain low inventory, and market inquiries continued to hover at a low level. As of November 24th, the reference price for n-butanol in the domestic Shandong region is around 5050-5100 yuan/ton.
Analysis of Market Factors
On the supply side: This month, the overall supply of n-butanol in Shandong has been loose, with some factories and suppliers facing certain supply pressures. The market has a relaxed shipping pace, and the supply side has provided insufficient support for the n-butanol market.
On the demand side: In November, the downstream demand side of n-butanol provided overall support to the market. The overall production of n-butanol downstream has been reduced, and there is a lack of enthusiasm for purchasing raw materials. Downstream users mainly purchase at low prices, and inquiries and negotiations are cautious.
Market outlook
At present, the overall trading atmosphere of the n-butanol market in Shandong is relatively quiet, and the market lacks effective positive support. The mentality of industry players is average. The n-butanol data analyst from Shengyi Society predicts that in the short term, the n-butanol market in Shandong will mainly operate in a range, and specific changes in supply and demand information need to be closely monitored.