On January 7th, it was reported that the dimethyl succinate column for the 120,000-ton-per-year 1,4-butanediol unit of the Qingyang Tongxin 500,000-ton-per-year light hydrocarbon deep processing project, undertaken by the Northwest Branch of China National Chemical Engineering Sixth Construction Co., Ltd., was successfully hoisted. Chempricehub analysis of 1,4-butanediol, with a long-short score of -1.5: The successful hoisting of the project indicates smooth progress in the construction of 1,4-butanediol production capacity. The expectation of an additional 120,000 tons per year of new supply in the future may exert downward pressure on spot market prices. Considering the current market supply and demand, capacity expansion will intensify competition and suppress upward price potential, thus warranting a generally strong bearish score.