April 24 News – On April 24, Luxi Chemical's normal butanol (n-butanol) reference price was reported at 7,900 CNY/ton, a decrease of 100 CNY/ton compared to the previous working day.

According to Chempricehub's assessment of n-butanol, the bearish rating stands at -1. On April 24, Luxi Chemical lowered its n-butanol quotation by 100 CNY/ton to 7,900 CNY/ton. This adjustment suggests a possible increase in market supply or weakening demand, putting downward pressure on spot prices. The magnitude of the price reduction is relatively notable (a decline of approximately 1.27%), reflecting short-term bearish sentiment, though it has not reached an extreme level. Consequently, the rating is assessed as generally bearish at -1. This development is expected to negatively impact downstream procurement strategies, potentially intensifying a wait-and-see market atmosphere.