According to the commodity market analysis system of SunSirs, as of April 17, 2026, the benchmark price for n-butanol in the Shandong region of China stood at 8,600 RMB/ton. This represents a decrease of 66 RMB/ton—or 0.77%—compared to the price recorded on April 13 (when the benchmark price was 8,666 RMB/ton).

Price Trend Review

Last week (April 13–17), prices in the Shandong n-butanol market exhibited a weak, downward trend; the market's price center of gravity shifted slightly lower, and the focus of negotiations trended toward greater leniency. As of April 17, reference market prices for n-butanol in the Shandong region stood in the range of approximately 8,400–8,700 RMB/ton.

Analysis of Core Influencing Factors

Cost support had weakened, and market trading activity remained moderate

As of the 17th, the n-butanol market in the Shandong region has been trending generally weak. With propylene prices—a key cost component—on the decline, cost-side support for n-butanol has softened. Downstream users are engaging in need-based purchasing on price dips; overall trading sentiment in the market remains lackluster, with the bulk of transactions centering on the lower end of the price range as high-end pricing faces resistance. To maintain low inventory levels, n-butanol manufacturers and suppliers are prioritizing active shipments.

Market outlook

As of the 17th, both supply and demand for n-butanol in Shandong have remained weak. The underlying market support for n-butanol has softened, and a wait-and-see sentiment is intensifying among market participants, while downstream users are adopting a cautious approach to restocking. In the short term, the n-butanol market in the Shandong region is expected to trend primarily within a weak, fluctuating range; however, specific market movements will depend heavily on evolving developments regarding supply and demand.

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