According to the commodity market analysis system of Business Society, as of January 6, 2025, the reference price of n-butanol in the Shandong region of China was 5,633 yuan per ton. Compared with January 1, the price remained largely unchanged. Compared with December 1 (reference price of n-butanol at 5,166 yuan per ton), the price increased by 467 yuan per ton, representing a rise of 9.03%.
Entering 2026, the n-butanol market is operating at a high level with consolidation.
As observed from the commodity market analysis system of Business Society, after the New Year's Day in 2026, the n-butanol market in the Shandong region of China generally exhibited high-level consolidation. Following the holiday, the selling prices of n-butanol in the Shandong market remained relatively high, with industry participants maintaining a positive outlook. On January 6, the market price of n-butanol in the Shandong region of China was approximately 5,600–5,700 yuan per ton.
**Fundamental Situation**
**Demand Aspect:** Currently, downstream demand for n-butanol is primarily driven by rigid procurement, with a favorable trading atmosphere in the market. Overall, the transmission of supply and demand has improved.
**Supply Aspect:** In the first week after the holiday, the supply pressure in the n-butanol market was not significant. The supply in the spot market was relatively tight, with some n-butanol production plants maintaining low inventory levels and focusing on pre-sales.
**Future Market Forecast**
Currently, the n-butanol market in Shandong is performing moderately, with trading activities concentrated at medium to high levels. Business Society's n-butanol data analysts predict that, in the short term, the n-butanol market in Shandong is likely to operate with a stable and slightly stronger trend. However, close attention should be paid to changes in supply and demand dynamics.