February 24th News
On February 24th, Luxi Chemical's reference quotation for n-butanol was 6,000 yuan per ton, representing a decrease of 100 yuan per ton compared to the previous working day.
Chempricehub Analysis on n-Butanol
Bull-Bear Score: -1
Luxi Chemical lowered its n-butanol quotation by 100 yuan per ton to 6,000 yuan per ton, indicating ample supply or weak demand in the spot market. The price decline reflects a short-term imbalance between supply and demand. This adjustment exerts moderate bearish pressure on spot prices and may influence downstream procurement strategies. The score is -1.0, as the reduction is significant but not extreme, warranting attention to subsequent market developments.