Morning Market Alert for n-Butanol

I. Key Points

1. n-Butanol prices trended slightly upward amid volatility.
2. Downstream users maintained cautious purchasing based on rigid demand.
3. On October 27: Multiple parties continued efforts to de-escalate tensions in the Middle East, alleviating concerns over supply risks and causing international crude oil prices to fall. NYMEX WTI crude futures (December contract) closed at $99.90/barrel, down $1.86 (-1.83%); ICE Brent crude futures (December contract) closed at $113.88/barrel, down $1.93 (-1.67%). China INE crude oil futures (contract 2612) fell by CNY 8.1 to CNY 731.6/barrel during the day session and dropped a further CNY 18.7 to CNY 712.9/barrel in the night session.

II. Price Table

Notes:

1. All products listed (n-Butanol, Butyl Acrylate, Butyl Acetate, and DBP) meet the National Standard Grade A specifications.
2. Prices for these four varieties are quoted in RMB per ton.

III. Market Outlook

Yesterday, domestic n-butanol prices exhibited an upward bias within a volatile range. Feedstock propylene prices remained stable at high levels, sustaining strong cost support. Downstream buyers engaged in opportunistic purchasing driven by rigid demand, with transactions primarily occurring at lower price points. The domestic n-butanol market is expected to continue trending slightly upward amid volatility today.

IV. Data Calendar

1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates minor fluctuation, highlighting data dimensions with changes between 0% and 3%.