Production: The operating rate of n-butanol was 81%, an increase of 5 percentage points from the previous week, with a weekly output of 55,400 tons.
Demand: The capacity utilization rate for butyl acrylate was 59.61%, with an output of 52,000 tons; for butyl acetate, it was 48.35% with an output of 14,500 tons; and for DBP (dibutyl phthalate), it was 37.83% with an output of 7,300 tons.
Price Trend Chart for Domestic N-Butanol in Main Regions (CNY/ton)
Data Source: Chempricehub Information
Weekly Price Change Table for Domestic N-Butanol Market
Unit: CNY/ton
| Region | Closing Price This Week | Closing Price Last Week | Change | % Change |
|---|---|---|---|---|
| Shandong | 8,250 | 8,450 | -200 | -2.37% |
| East China | 8,375 | 8,550 | -175 | -2.05% |
| South China | 8,575 | 8,625 | -50 | -0.58% |
Data Source: Chempricehub Information
During this period, the domestic n-butanol market trended downwards due to weak sentiment. With the upcoming National Day holiday approaching, pre-holiday stockpiling activities were subdued. Downstream operators remained cautious with low purchasing intentions, primarily maintaining essential demand levels by buying on dips. Consequently, transactions at higher prices gradually decreased. Producers maintained low inventory levels ahead of the holiday and actively offered discounts to stimulate sales, causing market lows to be repeatedly refreshed. Although the restart time for some units undergoing maintenance was postponed, market supply remained sufficient. Overall downstream demand showed little change. By the end of the week, market prices stabilized within a low range amid fluctuations.
Increased downstream operating rates led to a rise in n-butanol supply.
The average weekly profit margin for n-butanol was 748 CNY/ton, a decrease of 354 CNY/ton compared to the previous period.
China's n-butanol production reached 55,400 tons, an increase of 3,600 tons or 6.95% from the previous week. The unit capacity utilization rate was approximately 81%, up 5 percentage points from the previous week.
Next Week Market Forecast
Supply: Domestic n-butanol operating rates are expected to remain relatively stable during the holiday.
Demand: Major downstream industries are expected to maintain stable operations during the holiday, resulting in minimal changes in raw material demand.
Cost: The propylene market is fluctuating at high levels, keeping n-butanol costs elevated.
During the National Day holiday, both supply and demand sides of the domestic n-butanol market are expected to see limited overall changes. However, logistics constraints will affect transportation. Considering the anticipated restarts of some units undergoing maintenance after the holiday and the market expectation for new capacity coming online, supply volumes are projected to continue growing. Meanwhile, downstream purchasing intentions are likely to remain low during the holiday, with a strong wait-and-see attitude prevailing. This will result in inactive initial trading conditions post-holiday. Additionally, producer inventories may rise due to sluggish shipments during the break. Therefore, the domestic n-butanol market is predicted to operate with weak oscillations after the holiday.
For more detailed weekly market analysis, please refer to the Chempricehub Oxos Alcohol Weekly Report.
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