On February 9, Shandong Lihuayi's n-butanol quotation was referenced at 6,000 yuan/ton, representing a decrease of 400 yuan/ton compared to the previous trading day. PriceSeek's analysis of n-butanol indicates a bearish score of -1. The reduction of Shandong Lihuayi's n-butanol quotation by 400 yuan/ton to 6,000 yuan/ton suggests an increase in spot market supply or weakening demand, with significant downward pressure on prices. This change reflects a short-term supply-demand imbalance, potentially triggered by inventory accumulation or sluggish end-consumption, exerting a generally bearish impact on spot prices. It is advisable to closely monitor subsequent price adjustments by enterprises and market transaction activities.
Comments
0