According to SunSirs Commodity Market Analysis System, as of September 5, 2025, the reference price for normal butanol in Shandong, China stood at 5,983 RMB/ton. Compared to September 1 (reference price: 6,100 RMB/ton), the price decreased by 117 RMB/ton, representing a 1.91% decline.

The SunSirs Commodity Market Analysis System indicates that last week, the n-butanol market in Shandong Province followed a pattern of declining first before stabilizing. Early last week, some factories and suppliers in Shandong reduced their n-butanol shipment prices by approximately 50-150 RMB/ton. Subsequently, the overall negotiation focus in the n-butanol market consolidated at lower levels with no significant fluctuations. As of September 5, the reference price for n-butanol in Shandong stood around 5,900-6,100 RMB/ton.

Fundamental Overview

Supply and Demand: Last week, supply pressure for n-butanol remained manageable. Market inventories were low, with factories maintaining active shipments. Downstream demand for n-butanol was cautious, with buyers replenishing stocks at lower prices based on immediate needs. Overall inquiry activity was subdued, though transactions at lower price points performed reasonably well. The supply-demand dynamics for n-butanol remained relatively stable.

Cost Perspective: Last week, Shandong's propylene market fluctuated within a narrow range with slight upward movement. On September 5th, the propylene reference price stood at 6,678.25 RMB/ton, representing a 0.53% increase compared to September 1st (6,643.25 RMB/ton).

Market Outlook

Currently, trading activity in the n-butanol market remains quiet and moderate. Cost support continues to provide narrow-range backing. SunSirs' n-butanol data analysts anticipate that the domestic market will primarily consolidate in the near term, with specific developments contingent on shifts in supply and demand dynamics.

As an integrated internet platform providing benchmark prices, On September 10, the benchmark price of n-butanol (industrial grade) on SunSirs was 5,966.67 RMB/ton, down 2.19% from the beginning of this month (6,100.00 RMB/ton).

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