According to the Commodity Market Analysis System of Shengyi Society, as of February 5, 2025, the reference price of n-butanol in Shandong Province, China is 6533 yuan/ton. Compared with February 1 (reference price of n-butanol is 6663 yuan/ton), the price has decreased by 133 yuan/ton, a decrease of 1.95%.
In the first week of February, the Shandong n-butanol market fell back from a high level
From the commodity market analysis system of Shengyi Society, it can be seen that in the first week of February 2026 (2.1-2.5), the overall n-butanol market in Shandong Province, China, showed a fluctuating trend. At the beginning of the week, the n-butanol market fluctuated, and on-site negotiations began to loosen. Starting from the middle of the week, the overall market focus shifted downwards, and the overall shipment prices of large factories were lowered, driving the market situation downwards. The low price fell to 6400 yuan/ton. As of February 5th, the reference price of n-butanol in Shandong was around 6400-6700 yuan/ton.
Analysis of Factors Influencing Market Trends
Loose supply and demand pattern: After entering February, the downstream replenishment of n-butanol is coming to an end, and the overall market demand is weakening. Coupled with the downward adjustment of quotes by some large factories in Shandong, the overall supply side pressure on the market is evident, and the transmission of supply and demand is slowing down, leading to price pressure and a decline.
Future forecast
At present, the transaction volume of n-butanol market has turned light, and downstream consumers are gradually resistant to the rising market price. In the short term, it is expected that the pre holiday n-butanol market price will continue to operate weakly and consolidate. In the long run, it is necessary to pay more attention to the post holiday market resumption situation and the new round of purchasing strength of downstream users.
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