On February 2, Shandong Lihuayi's n-butanol reference price was quoted at 6,650 yuan/ton, a decrease of 50 yuan/ton compared to the previous trading day. PriceSeek's analysis of n-butanol indicates a bearish score of -1. The report notes that Shandong Lihuayi's n-butanol price was lowered by 50 yuan/ton to 6,650 yuan/ton, suggesting ample supply or weak demand in the spot market, which generally exerts bearish pressure on spot prices. Considering the current market conditions, the price decline may reflect increased inventory or slower downstream procurement, putting short-term pressure on spot prices.