① Today, domestic n-butanol prices in the Shandong region decreased by 200 RMB/ton, while prices in the Henan region increased by 100 RMB/ton. Prices in both the Henan and South China regions decreased by 100 RMB/ton.
② Today, the operating load for domestic n-butanol was 84%, butyl acrylate was 63%, butyl acetate was 49%, and DBP (Dibutyl Phthalate) was 40%.
Table 1: Domestic n-Butanol Industry Chain Price Summary (Unit: RMB/ton)
| Product | Market | Previous Period | Current Period | Change Value | Change Rate |
|---|---|---|---|---|---|
| n-Butanol | Shandong | 8000 | 7800 | -200 | -2.50% |
| East China | 8100 | 8000 | -100 | -1.23% | |
| Henan | 7850 | 7950 | +100 | 1.27% | |
| South China | 8050 | 7950 | -100 | -1.24% | |
| Key Upstream | |||||
| Propylene | Shandong | 11100 | 10450 | -650 | -5.86% |
| Key Downstream | |||||
| Butyl Acrylate | East China | 9750 | 9650 | -100 | -1.03% |
| Butyl Acetate | East China | 7825 | 7775 | -50 | -0.64% |
| DBP | Henan | 10500 | 10400 | -100 | -0.95% |
| Data Source: Chempricehub Information |
Based on the Shandong region as a benchmark, today's n-butanol closed at 7800 RMB/ton, aligning with morning expectations. Today, the central tendency of domestic n-butanol market prices continued to decline, with high-end prices decreasing. The price of the raw material propylene fell sharply for consecutive days, weakening cost support for n-butanol prices. Downstream sentiment shifted towards wait-and-see attitudes, reducing purchasing intent. Buyers maintained low-price procurement based on rigid demand, while operators remained cautious. Factories actively lowered prices to stimulate shipments, but the effect was limited.
Today, the capacity utilization rate for domestic n-butanol stood at 84%. With the price of raw material propylene declining, the current profit margin for n-butanol is approximately -272 RMB/ton.
Currently, there remains room for further decline in raw material propylene prices, leading to weakened cost-side support. Factory shipments are sluggish, inventories are rising, and manufacturers have continuously lowered ex-factory prices to stimulate sales. Downstream purchasing intent remains low, market operators are cautious, and the wait-and-see atmosphere is thick. Market transactions are sparse, and prices are expected to fluctuate weakly.
Octanol Market: Today, the central tendency of the domestic octanol market declined. Rigid demand buyers entered the market to replenish stocks, resulting in improved transaction volumes compared to yesterday. The price of raw material propylene dropped significantly for consecutive days, pushing down octanol costs. Mainstream factories operated stably, focusing primarily on shipments.
Table 2: Domestic n-Butanol Data List (Unit: 10,000 tons, RMB/ton)
| Data Indicator | Release Date | Previous Period | Expected Trend for Current Period |
|---|---|---|---|
| Weekly Capacity Utilization Rate | Thursday 17:00 | 83% | ↗ |
| Weekly Output | Thursday 17:00 | 6.14 | ↗ |
| Average Weekly Profit | Thursday 17:00 | -162 | ↘ |
| Data Source: Chempricehub Information. Notes: 1. ↓↑ indicates significant volatility, highlighting data dimensions with change rates exceeding 3%. 2. ↗ ↘ indicates narrow-range fluctuations, highlighting data with change rates within 0-3%. |
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