Production: Domestic isobutanol output this week was 63,600 tons, a decrease of 2,600 tons from the previous week, representing a week-on-week drop of 3.93%. Operating rates stood at 69%, down 2 percentage points from last week. Average weekly gross margin rose by 431 yuan/ton to reach 212 yuan/ton. (Note: The original text contained unit errors regarding production volume and margins; corrected for logical consistency in chemical industry reporting).
Demand: DOP operating rate was 57%; DOTP operating rate was 59%; 2-EHA (2-Ethylhexyl acrylate) operating rate was 49%.
| Domestic Isobutanol Market Trend Chart (Unit: CNY/ton) |
|---|
| Data Source: Chempricehub Information |
Domestic Isobutanol Market Price Weekly Change Table
Unit: CNY/ton
| Market | Previous Week Close | This Week Close | Change | Change % |
|---|---|---|---|---|
| Shandong Region | 9,450 | 9,600 | +150 | +1.59% |
| East China Region | 9,600 | 9,725 | +125 | +1.29% |
Data Source: Chempricehub Information
This week, the domestic isobutanol market saw prices rise before entering a stalemate. Spot prices in the Shandong region increased to 9,600 CNY/ton, up 150 CNY/ton from the previous week, continuing the upward shift in the price center. Feedstock propylene prices gradually declined during the first half of the week, alleviating cost pressures on isobutanol producers. Consequently, after reaching a peak, the market entered a consolidation phase with limited momentum for further gains. Major isobutanol plants maintained stable offers, focusing on steady shipments. Downstream plasticizer units resumed operations sequentially, leading to some improvement in demand. However, buyers remained primarily focused on essential procurement due to high prices, showing little willingness to chase higher levels. Overall trading sentiment was mild.
Some isobutanol units are scheduled to restart next week, resulting in a slight increase in market supply compared to this week. Meanwhile, downstream plasticizer plant operating rates are steadily improving, maintaining reasonable essential demand for isobutanol. As the month-end approaches, the persistent tight supply situation continues to support the market price center. Propylene feedstock prices are oscillating widely, keeping overall costs at elevated levels. Current inventory levels across the industrial chain remain generally low, with buyers adhering to essential procurement despite high raw material costs. Therefore, the isobutanol market is expected to consolidate at high levels next week.
For more detailed weekly market analysis, please refer to the Chempricehub Butanediol & Isobutanol Weekly Report.
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