April 9th, Reuters — On April 9th, Luxi Chemical's reference price for n-butanol was reported at 9,000 yuan per ton, marking a decrease of 100 yuan per ton compared to the previous trading day. Chempricehub's analysis of n-butanol indicates a bearish score of -1. The reduction of 100 yuan per ton in Luxi Chemical's n-butanol price to 9,000 yuan per ton suggests an increase in market supply or weak demand, exerting downward pressure on spot prices. This adjustment reflects a short-term imbalance between supply and demand, potentially stemming from inventory accumulation in the chemical industry or a slowdown in downstream procurement, which is bearish for the spot market.