April 20th News: On April 20th, Luxi Chemical's reference price for n-butanol was 8,400 yuan per ton, a decrease of 300 yuan per ton compared to the previous working day. Chempricehub's analysis of n-butanol shows a bearish score of -1. Luxi Chemical reduced its n-butanol price by 300 yuan per ton to 8,400 yuan per ton on April 20th, reflecting an increase in market supply or weakening demand. The price reduction of approximately 3.5% indicates moderate bearish pressure in the spot market, likely due to inventory accumulation or slower downstream procurement. In the short term, spot prices may continue to face downward pressure.
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