Morning Market Alert for n-Butanol

I. Key Focus Points

1. n-Butanol prices fluctuated at low levels.
2. Downstream buyers maintained rigid demand procurement.
3. On September 29: Qatar and other mediators continued to push for US-Iran peace talks. Coupled with the recovery of Saudi crude oil supply, international oil prices fell. NYMEX WTI crude oil futures (November contract) closed at $89.38/bbl, down $3.22/bbl (-3.48% WoW); ICE Brent crude oil futures (November contract) closed at $102.59/bbl, down $2.69/bbl (-2.56% WoW). China INE crude oil futures (November 2026 contract) fell by CNY 17.2 to CNY 716.9/bbl; the night session dropped by CNY 11.7 to CNY 705.2/bbl.

II. Price Table

Notes:

1. n-Butanol, butyl acrylate, butyl acetate, and DBP are all standard-grade products compliant with national standards.
2. Prices for these four varieties are in RMB, unit: CNY/ton.

III. Market Outlook

Yesterday, the domestic n-butanol market remained weak with slight downward trends. Market sentiment shifted towards wait-and-see attitudes, with transaction centers leaning toward lower price points. It is reported that feedstock propylene prices have softened slightly. With the upcoming holiday, downstream buyers are cautious in accepting deliveries, primarily purchasing based on rigid demand at lower levels. Production plants are actively offering discounts to stimulate shipments before the holiday. The domestic n-butanol market is expected to consolidate with fluctuations today.

IV. Data Calendar

1. ↓↑ indicates significant volatility, highlighting data dimensions with change rates exceeding 3%.
2. ↗↘ indicates narrow-range volatility, highlighting data dimensions with change rates within 0-3%.