February 3rd News: On February 3rd, Luxi Chemical's reference price for n-butanol was 6,800 yuan per ton, a decrease of 20 yuan per ton compared to the previous working day. Chempricehub's analysis of n-butanol gave a long-short score of -1. The spot price of n-butanol fell by 20 yuan per ton, a drop of approximately 0.29%, indicating sufficient market supply or short-term weak demand, which generally exerts bearish pressure on spot prices. The price decline may stem from inventory pressure among enterprises or a slowdown in downstream procurement. It is essential to monitor subsequent changes in supply and demand for their continued impact on prices.