n-Butanol Market Price Consolidates Amid Volatility (September 15, 2026)

1. Daily Summary

① Today, the domestic n-butanol price in Shandong decreased by 10 yuan/ton, while prices remained stable in other regions.

② Today’s operating rates are: n-butanol at 77%, butyl acrylate at 56%, butyl acetate at 71%, and DBP (dibutyl phthalate) at 46%.

2. Spot Market Overview

Table 1: Domestic n-Butanol Industry Chain Price Summary (Unit: Yuan/ton)

Based on the Shandong market, today’s n-butanol closed at 8,700–8,740 yuan/ton, aligning with morning expectations. The domestic n-butanol market experienced volatile consolidation with increased wait-and-see sentiment. Raw material propylene prices rebounded, leading to higher costs and stronger support for n-butanol prices. However, downstream buyers showed increasing resistance to high prices and adopted a cautious procurement approach based on actual demand, resulting in trading activities centered around lower price levels.

3. Production Dynamics

Today, the domestic capacity utilization rate for n-butanol stood at 76%. With rising propylene prices, current profitability for n-butanol is approximately 1,041 yuan/ton.

4. Price Forecast

Currently, raw material propylene is trading at high levels, providing strong cost-side support for n-butanol prices. Downstream buyers exhibit some resistance to elevated prices, with inquiries and transactions concentrated at the lower end of the range. Factory inventories remain low, limiting market supply. Consequently, market prices are expected to continue consolidating within a volatile range.

5. Related Products Update

Octanol Market: Today, the domestic octanol market saw stagnant negotiation centers. New orders in the downstream plasticizer market slowed down, with buyers remaining cautious about purchasing high-priced spot octanol, leading to small-lot negotiations. Recent expectations suggest an increase in octanol supply, with some factories actively seeking to offload inventory, pushing spot negotiations toward the lower end of the price range.

6. Data Calendar

Table 2: Domestic n-Butanol Data Overview (Units: 10k tons, Yuan/ton)