On January 29, Luxi Chemical's reference price for n-butanol was 6,620 yuan/ton, representing an increase of 50 yuan/ton compared to the previous working day. PriceSeek's analysis of n-butanol indicates a bullish-bearish score of 1. The spot price of n-butanol rose by 50 yuan/ton, suggesting that the producer, Luxi Chemical, proactively raised prices, reflecting tightening market supply or improved demand, which is favorable for spot prices. This price adjustment may stem from cost support or increased downstream procurement and is expected to boost market confidence in the short term, supporting the spot market.
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