This week, the average weekly profit for n-butanol stood at CNY 1,102 per ton, an increase of CNY 48 per ton compared to the previous period. This growth was primarily driven by a significant decline in the price of propylene, the key feedstock, which followed the downward trend in crude oil prices. Although the market price of n-butanol also fluctuated and trended downward, its rate of decrease was smaller than that of the raw material, resulting in improved gross margins for domestic n-butanol producers. Specifically, the average weekly price of propylene fell by CNY 311 per ton, while the average weekly price of n-butanol dropped by only CNY 144 per ton, leading to higher profitability.
Data Source: Chempricehub Information
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