SunSirs--China Commodity Data Group

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SunSirs: The Demand for N-butanol still Needs Time to Wait

February 22 2023 09:14:43     

The latest price of n-butanol (2-20): 7066 RMB/ton

Key points of analysis: compared with the previous working day, the price of n-butanol on the 20th was reduced by 400 RMB/ton, or 5.36%. The downstream plant of n-butanol started generally, and the downstream delivery was slow, and the demand gradually weakened. Under the influence of insufficient demand, the market of n-butanol fell. At present, the trading atmosphere of n-butanol on the floor is general, and the wait-and-see mood is strong.

Future forecast: At present, the downstream demand of n-butanol is mostly just in need of procurement, and the overall demand improvement still needs time to wait. It is expected that in the short term, the domestic n-butanol market will mainly be adjusted and operated in a narrow range.

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