April 29 News

On April 29, Luxi Chemical Group quoted n-butanol at 7,600 RMB/ton, a decrease of 100 RMB/ton compared to the previous working day.

Chempricehub evaluates n-butanol with a bullish/bearish rating of -1. The spot price of n-butanol has dropped by 100 RMB/ton to 7,600 RMB/ton, reflecting ample market supply or weak demand, exerting bearish pressure on spot prices. The rating is -1.0 (generally bearish). While the price decline is significant, it has not reached the level of a major event. The reduction may be attributed to increased inventory or a slowdown in downstream procurement, and the market may continue to show a weak trend in the short term.