The n-butanol market rose slightly this week (11.28-12.02)

According to the monitoring data of the business community, as of December 2, the reference price of n-butanol in Shandong Province was 7500 yuan/ton, which was up 67 yuan/ton, or 0.90%, compared with November 28 (the reference price of n-butanol was 7433 yuan/ton).

 

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It can be seen from the data monitoring chart of the business community that this week (11.28-12.02), the n-butanol market in Shandong Province in China rose slightly. At the beginning of the week, the n-butanol market was operating steadily and steadily. At the middle of the week, the n-butanol plant was shut down for maintenance in some areas, and the on-site supply was expected to decrease. In addition, the rising raw propylene market this week gave the n-butanol cost support to be strengthened. On December 1, Some n-butanol factories in Shandong Province slightly raised the price of n-butanol by 200 yuan/ton. As of December 2, the market price of n-butanol in Shandong Province was around 7400-7600 yuan/ton. At present, the trading atmosphere of n-butanol in the plant is mild, and the downstream just needs to purchase.

 

Post market analysis of n-butanol

 

At present, the inquiry atmosphere in the n-butanol market is fair, and the downstream stock is mainly based on the quantity. The current supply side and the cost side give n-butanol some support, and the mentality of the industry is improving. The n-butanol data engineer of the business community believes that the n-butanol market may stabilize in the short term, but it is stronger. More attention should be paid to the specific information changes on the supply and demand side.

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