Based on calculations using Chempricehub data, the weekly average profit for n-butanol this week was 761 yuan/mt, up 380 yuan/mt from the previous week. This was mainly because feedstock propylene prices continued to rise in tandem with crude oil prices, while downstream buying interest improved markedly, leading to a relatively large increase in market prices. This week, the weekly average price of feedstock propylene rose by 347 yuan/mt, while the weekly average price of n-butanol rose by 591 yuan/mt, resulting in higher n-butanol profit.
Methodology Notes:
n-Butanol profit calculation: the difference between the n-butanol ex-works price and n-butanol cost. Chempricehub statistics cover n-butanol profit from the oxo synthesis process in Shandong.
Chempricehub’s weekly average n-butanol profit refers to the mainstream ex-works gross margin for n-butanol in Shandong. The statistical period runs from Friday of the previous week to Thursday of the current week. Data are released from 13:30 to 17:00 on Thursdays (workdays).
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