SunSirs: The N-Butanol Market in Shandong Saw an Upward Trend in Early September
September 04 2026 13:32:53 SunSirs (John)
Price trends
According to the commodity market analysis system of SunSirs, as of September 3, 2026, the reference price of n-butanol in the Shandong region was 7,866 RMB/ton; compared to the price on August 31 (7,566 RMB/ton), this represents an increase of 300 yuan, or 3.96%.
Price trend data
Data from the SunSirs monitoring system indicates that the domestic n-butanol market in Shandong experienced a steady upward trend in early September. Market trading levels in the region shifted higher, with cumulative increases of approximately 100-200 RMB/ton; as of September 3, the reference price for n-butanol in Shandong stood at around 7,500-7,900 RMB/ton.
Fundamentals
Regarding costs: Driven by international crude oil prices, the market price of propylene—an upstream raw material for n-butanol—has recently risen, thereby strengthening cost-side support for n-butanol prices.
Regarding supply and demand: At the beginning of the month, spot market supply of n-butanol in Shandong was limited, providing a floor for prices. Downstream purchasing sentiment improved, and market trading activity was robust; this improved supply-demand dynamic drove an upward trend in n-butanol prices.
Market outlook
Currently, market inquiries for n-butanol are moderate, supported by favorable market fundamentals. In the short term, n-butanol prices are expected to trend towards the higher end of the range; however, specific movements will depend on factors such as operating rates in downstream industries and shifts in supply and demand.
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- 2026-10-10 SunSirs: With the Arrival of the "Golden September" Peak Season, the Price of N-Butanol in Shandong Rose by over 12% During the Month
- 2026-09-23 SunSirs: Chemical Products Industries Bulk Commodity Intelligence (September 22, 2026)
- 2026-09-16 SunSirs: Driven by Positive Factors, the Shandong N-Butanol Market Saw an Upward Trend in Early September
- 2026-09-15 SunSirs: Chemical Products Industries Bulk Commodity Intelligence (September 14, 2026)
- 2026-08-12 SunSirs: The N-Butanol Market in Shandong Saw a Slight Decline in Early August
