On February 3, Shandong Lihuayi's n-butanol price was quoted at 6,550 yuan per ton, a decrease of 100 yuan per ton compared to the previous trading day. PriceSeek's analysis of n-butanol shows a bearish score of -1. The price reduction of 100 yuan per ton to 6,550 yuan per ton, representing a decline of approximately 1.5%, reflects increased market supply or weakened demand, exerting downward pressure on spot prices. This adjustment may be attributed to slower procurement in downstream chemical industries or inventory accumulation, suggesting that spot prices may continue to face downward pressure in the short term.
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