The market price of n-butanol remains at a high level.

1. Today's Summary

① Domestic n-Butanol prices in South China fell by 75 RMB/ton today, while other regions remained stable.

② Current domestic operating rates: n-Butanol at 88%, Butyl Acrylate at 62%, Butyl Acetate at 62%, and DBP (Dibutyl Phthalate) at 40%.

2. Spot Market Overview

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

Data Source: Chempricehub Information

Based on the Shandong region as a benchmark, today's n-Butanol closed at 8400–8400 RMB/ton, consistent with morning expectations. The domestic n-Butanol market price trended steadily sideways today. Market wait-and-see sentiment increased. Raw material propylene prices remained high, providing strong cost support. Market supply was ample. Downstream demand focused mainly on low-price opportunistic purchases, showing slight resistance to higher prices. Market inquiries and transactions slowed down.

3. Production Dynamics

Today, the domestic n-Butanol capacity utilization rate stood at 88%. With raw material propylene prices rising, current n-Butanol profitability is approximately 167 RMB/ton.

4. Price Forecast

Currently, market supply is ample, and raw materials are trading at high levels, providing strong cost support. However, downstream resistance to high prices has increased, leading to slower inquiries and transactions. The market price is expected to fluctuate with a slightly weak trend.

5. Related Products Status

2-EH (2-Ethylhexanol) Market: Today, the transaction center of gravity for the domestic 2-EH market continued to rise. Major manufacturers saw a decrease in spot inventory levels, with no immediate sales pressure. Supply expectations for mid-to-late month are decreasing, while demand is gradually recovering, alleviating supply-demand contradictions in the mid-to-late period. Manufacturers' spot offers remain firm, and transaction prices are gradually following suit.

6. Data Calendar

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

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%.