Prompt

1. Today's Summary

① Domestic n-Butanol prices in Shandong rose by 225 RMB/ton today, Henan increased by 200 RMB/ton, and East China and South China regions saw increases of 250 RMB/ton.

② Today's domestic operating rates: n-Butanol at 83%, Butyl Acrylate at 56%, Butyl Acetate at 53%, and DBP (Dibutyl Phthalate) at 37%.

2. Spot Market Overview

Table 1: Summary of Domestic n-Butanol Industry Chain Prices (Unit: RMB/ton)

Based on the Shandong region as a benchmark, today's n-Butanol closed at 8,500–8,600 RMB/ton, consistent with morning expectations. The price center for domestic n-Butanol shifted significantly upward today, primarily driven by the strong and substantial rise in raw material propylene prices. Increased cost pressure has strengthened price support. Downstream users maintained rigid demand procurement but operated cautiously overall, with market inquiries and transactions trending toward higher price levels.

3. Production Dynamics

Today, the domestic capacity utilization rate for n-Butanol was 83%. With propylene prices rising, the current profitability for n-Butanol stands at approximately -462 RMB/ton.

4. Price Forecast

Currently, raw material propylene prices are remaining high, providing strong cost-based support. However, downstream resistance to high prices is increasing, leading to cautious procurement based solely on rigid demand. Market inquiry and transaction activity remain moderate. Therefore, market prices are expected to fluctuate within a consolidation range.

5. Related Products

Octanol Market: Today, the domestic octanol market saw an expanded increase. Raw material propylene prices continued to rise sharply, pushing up octanol costs. Driven by cost factors, octanol producers adjusted their offers upward. Downstream users slowed their purchasing of spot octanol due to high prices, resulting in a mild trading atmosphere.

6. Data Calendar

Table 2: Domestic n-Butanol Data Overview (Unit: 10,000 tons, RMB/ton)