① Domestic n-Butanol prices fell by RMB 25/ton in South China and Henan, RMB 100/ton in East China, and RMB 50/ton in Shandong today.
② Current operating rates: n-Butanol at 77%, Butyl Acrylate at 56%, Butyl Acetate at 52%, and DBP (Dibutyl Phthalate) at 46%.
Table 1: Domestic n-Butanol Industry Chain Price Summary (Unit: RMB/ton)
| Product | Market | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|---|
| n-Butanol | Shandong | 8350 | 8300 | -50 | -0.60% |
| East China | 8500 | 8400 | -100 | -1.18% | |
| Henan | 8500 | 8475 | -25 | -0.29% | |
| South China | 8550 | 8525 | -25 | -0.29% | |
| Key Upstream | |||||
| Propylene | Shandong | 9785 | 9740 | -45 | -0.46% |
| Key Downstream | |||||
| Butyl Acrylate | East China | 9500 | 9500 | 0 | 0% |
| Butyl Acetate | East China | 8450 | 8450 | 0 | 0% |
| DBP | Henan | 9900 | 9900 | 0 | 0% |
| Data Source: Chempricehub |
Based on the Shandong market as the benchmark, today's n-Butanol closed at 8,300–8,300 RMB/ton, consistent with morning expectations. The domestic n-Butanol market operated weakly today, with price centers trending toward the lower end. Raw material propylene prices fluctuated weakly. With the upcoming holiday approaching, market wait-and-see sentiment increased. Downstream buyers showed cautious purchasing intentions, mainly engaging in opportunistic buying based on rigid demand. Trading activity was average.
Today, the domestic capacity utilization rate for n-Butanol stood at 77%. Due to declining propylene prices, current profitability for n-Butanol is approximately 668 RMB/ton.
Currently, with the holiday approaching, downstream purchase intentions are expected to shrink further, and wait-and-see sentiment is intensifying. Buyers are primarily focusing on opportunistic purchases driven by rigid demand. Propylene prices have slipped slightly, prompting factories to actively offer discounts to stimulate shipments. Market prices are expected to consolidate within a fluctuating range.
Octanol Market: Domestic Octanol prices rose slightly today. Downstream users maintained a steady pace of rigid-demand purchasing ahead of the holiday, resulting in moderate transaction activity. The industry operating rate has risen to a medium-high level, leading to ample supply. Without significant positive news, buyers engaged in moderate restocking when prices dipped, while traders largely maintained light inventory positions.
Table 2: Domestic n-Butanol Data Overview (Units: 10,000 tons, RMB/ton)
| Data Indicator | Release Date | Previous Value | Trend Forecast |
|---|---|---|---|
| Weekly Capacity Utilization Rate | Thursday 17:00 | 79% | ↗ |
| Weekly Output | Thursday 17:00 | 5.39 | ↗ |
| Average Weekly Profit | Thursday 17:00 | 1090 | ↗ |
| Data Source: Chempricehub Note: 1. ↓↑ indicates significant fluctuations (changes >3%). 2. ↗ ↘ indicates narrow fluctuations (changes within 0-3%). |
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