April 23 News – On April 23, Shandong Lihuayi's n-butanol quotation was referenced at 7,800 RMB/ton, down 200 RMB/ton compared to the previous business day. Chempricehub assesses n-butanol with a long-short score of -1. The spot price of Shandong Lihuayi's n-butanol was lowered by 200 RMB/ton to 7,800 RMB/ton, indicating increased market supply or weakened demand, with the loose supply-demand balance putting pressure on prices. This reflects a weak short-term spot market, potentially influenced by inventory accumulation or reduced downstream procurement, and the downward price trend is expected to continue.
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