Price Trend:

According to the business data analysis system of SunSirs, as of January 6, 2025, the reference price of n-butanol in Shandong, China, was 5,633 RMB/ton. Compared with January 1st, the price remained basically unchanged. Compared with December 1st (reference price of n-butanol: 5,166 RMB/ton), the price increased by 467 RMB/ton, a rise of 9.03%.

Entering 2026, the n-butanol market was operating at a high level with sideways consolidation

According to the business data analysis system, after the New Year's Day holiday in 2026, the domestic n-butanol market in Shandong province generally showed a high-level consolidation trend.  After the holiday, the ex-factory prices of n-butanol in Shandong continued to be relatively high, and market participants had a positive outlook. On January 6th, the reference price for n-butanol in the Shandong market was around 5,600-5,700 RMB/ton.

Fundamentals Overview

Demand: As of January 6, downstream demand for n-butanol was primarily driven by essential purchases. Market activity was healthy, and overall supply and demand dynamics had improved.

Supply side: In the first week after the holiday, the supply pressure in the n-butanol market was not significant, and the supply of spot goods was tight. Some n-butanol manufacturers had low inventory levels and were mainly fulfilling pre-orders.

Market Outlook

As of January 6, the Shandong n-butanol market was performing moderately, with trading activity concentrated in the mid-to-high price range. According to data analysts at SunSirs, the Shandong n-butanol market is expected to remain stable with a slight upward trend in the short term. Further developments will depend on changes in supply and demand.

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