① Today, domestic n-butanol prices fell by RMB 50/ton in Shandong, RMB 25/ton in East China, and RMB 50/ton in South China.
② Today's operating rates for domestic products are as follows: n-butanol at 76%, butyl acrylate at 56%, butyl acetate at 55%, and DBP (Dibutyl Phthalate) at 46%.
Table 1: Summary of Domestic N-Butanol Industry Chain Prices (Unit: RMB/ton)
| Product | Market | Previous Period | Current Period | Change Value | Change Rate |
|---|---|---|---|---|---|
| N-Butanol | Shandong | 8600 | 8550 | -50 | -0.58% |
| East China | 8725 | 8700 | -25 | -0.29% | |
| Henan | 8700 | 8700 | 0 | 0% | |
| South China | 8725 | 8725 | 0 | 0% | |
| Key Upstream | |||||
| Propylene | Shandong | 9635 | 9575 | -60 | -0.62% |
| Key Downstream | |||||
| Butyl Acrylate | East China | 9900 | 9800 | -100 | -1.04% |
| Butyl Acetate | East China | 8425 | 8450 | +25 | +0.30% |
| DBP | Henan | 10300 | 10250 | -50 | -0.49% |
| Data Source: Chempricehub |
Based on the Shandong market, today's n-butanol closed at RMB 8,500–8,600/ton, consistent with morning expectations. The domestic n-butanol market price showed weak downward trends. It is reported that raw material propylene prices have fallen significantly in consecutive sessions, while downstream purchasing interest has diminished. High-priced offers have disappeared from the market, trading focus has shifted to lower price levels, some plants offered discounts to clear inventory, and transactions at low prices were relatively active.
Today, the capacity utilization rate for domestic n-butanol stood at 76%. With propylene prices declining, the current profit margin for n-butanol producers is approximately RMB 1,145/ton.
Currently, downstream purchasing interest is weakening along with reduced market inquiries and poor transaction performance. Trading is centered around lower price levels. Producers are maintaining low inventories and actively offering discounts to sell inventory. Therefore, market prices are expected to remain volatile with a weak trend.
2-EH (2-Ethylhexanol) Market: In Jiangsu, the reference price for Grade 1 2-EH was RMB 9,200–9,250/ton. Dragged down by falling ex-factory prices in Shandong, market prices in East China declined. Buyer interest focused mainly on the mid-to-low end of quoted prices. Local spot supply remained tight, and factories maintained cautious shipping practices.
Table 2: Domestic N-Butanol Data Overview (Units: 10,000 tons, RMB/ton)
| Data Item | Release Date | Previous Period | Expected Trend This Period |
|---|---|---|---|
| Weekly Capacity Utilization Rate | Thursday 17:00 | 79% | ↗ |
| Weekly Output | Thursday 17:00 | 5.39 | ↗ |
| Weekly Average Profit | Thursday 17:00 | 1090 | ↗ |
| Data Source: Chempricehub. Notes: 1. ↓↑ indicates significant volatility, highlighting data dimensions with change rates exceeding 3%. 2. ↗ ↘ indicates narrow-range fluctuations, highlighting data with change rates within 0-3%. |
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