① Today, domestic n-butanol prices in Shandong and East China decreased by 200 RMB/ton, while Henan dropped by 350 RMB/ton and South China fell by 125 RMB/ton.
② Current operating rates: n-butanol at 84%, butyl acrylate at 63%, butyl acetate at 49%, and Dibutyl Phthalate (DBP) at 40%.
Table 1: Domestic n-Butanol Industry Chain Price Summary (Unit: RMB/ton)
| Product | Market | Previous Period | Current Period | Change Value | Change % |
|---|---|---|---|---|---|
| n-Butanol | Shandong | 8400 | 8200 | -200 | -2.38% |
| East China | 8500 | 8300 | -200 | -2.35% | |
| Henan | 8550 | 8200 | -350 | -4.09% | |
| South China | 8400 | 8275 | -125 | -1.49% | |
| Key Upstream | |||||
| Propylene | Shandong | 11585 | 11550 | -35 | -0.30% |
| Key Downstream | |||||
| Butyl Acrylate | East China | 9900 | 9800 | -100 | -1.01% |
| Butyl Acetate | East China | 8100 | 8050 | -50 | -0.62% |
| DBP | Henan | 10850 | 10700 | -150 | -1.38% |
| Data Source: Chempricehub Information |
Using the Shandong region as a benchmark, today's n-butanol closed at 8200 RMB/ton, aligning with morning expectations. Today, the price center of the domestic n-butanol market shifted downward. The decline in propylene feedstock prices reduced cost support for n-butanol. Downstream purchasing interest remained low, prompting plants to actively lower prices to stimulate shipments. Market inquiries and transactions were sluggish, with trading occurring primarily at lower price levels.
Today, the capacity utilization rate for domestic n-butanol stood at 84%. With propylene prices decreasing, the current profit margin for n-butanol is approximately -554 RMB/ton.
Currently, propylene prices are fluctuating at high levels with a downward trend, weakening cost-side support. In the later period, maintenance shutdowns will resume, increasing market supply. Downstream purchasing interest remains low, operators are cautious, and the market sentiment is predominantly wait-and-see. Transaction volumes are light. Therefore, market prices are expected to fluctuate with a weak tendency.
Octanol Market: Today, the price center of the domestic octanol market declined, and buying enthusiasm did not improve. Propylene feedstock prices edged down slightly, increasing cost pressure on octanol producers. However, due to the restart of several octanol units recently, supply has become loose. Downstream users are mainly focusing on consuming existing raw material inventories. Some merchants offered slightly lower prices to accelerate shipments, which impacted transactions at higher quoted prices.
Table 2: Domestic n-Butanol Data Overview (Unit: 10k tons, RMB/ton)
| Data Item | Release Date | Previous Data | Expected Trend This Period |
|---|---|---|---|
| Weekly Capacity Utilization Rate | Thursday 17:00 | 83% | ↗ |
| Weekly Output | Thursday 17:00 | 6.14 | ↗ |
| Weekly Average Profit | Thursday 17:00 | -162 | ↘ |
| Data Source: Chempricehub Information Notes: 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. 2. ↗ ↘ indicate narrow fluctuations, highlighting data with changes within 0-3%. |
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