The market price of n-butanol fluctuates and trends downward.

1. Today's Summary

① Today, domestic n-butanol prices in Shandong decreased by 50 yuan/ton, while prices in East China and South China dropped by 25 yuan/ton.

② Current operating rates: Domestic n-butanol at 86%, butyl acrylate at 60%, butyl acetate at 66%, and DBP (dibutyl phthalate) at 40%.

2. Spot Market Overview

Table 1: Summary of Domestic N-Butanol Industry Chain Prices (Unit: Yuan/Ton)

Based on the Shandong market, today's n-butanol closed at 8,100–8,200 yuan/ton, consistent with morning expectations. The price center of gravity for domestic n-butanol continued to decline as propylene feedstock prices fell, reducing cost support. Meanwhile, downstream buyers adopted a wait-and-see approach, preferring lower price points. With ample market supply, producers actively offered discounts to stimulate sales. Consequently, trading activity centered around the lower end of the price range.

3. Production Dynamics

Today, the capacity utilization rate for domestic n-butanol stood at 86%. Following the drop in propylene prices, current profitability for n-butanol is approximately 63 yuan/ton.

4. Price Forecast

Currently, upstream and downstream purchasing interest remains low, with demand limited to essential needs procured at lower prices. Market supply is abundant, and factories are offering discounts to clear inventory, keeping the price center of gravity at the lower end. Trading volume is moderate. Therefore, market prices are expected to fluctuate within a weak trend.

5. Related Products Status

Octanol Market: Today, the domestic octanol market remained firm. Cost pressures have eased, and mainstream manufacturers maintained stable offers. Inquiry activity from essential demand improved compared to yesterday, with plasticizer users showing acceptable sentiment towards spot purchases. Supply has tightened recently, leaving little room for negotiation.

6. Data Calendar

Table 2: Domestic N-Butanol Data Overview (Units: 10k Tons, Yuan/Ton)