As of August 11, 2026, the reference price of n-butanol in Shandong Province, China was 6983 yuan/ton, a decrease of 33 yuan or 0.48% from August 1 (reference price of n-butanol was 7016 yuan/ton).
1、 Price trend data
In early August, the overall n-butanol market in Shandong, China, showed a slight decline followed by a stable operation at a low level. From August 1st to 6th, the n-butanol market price was adjusted and the market performance was relatively calm. On August 7th, major n-butanol factories in Shandong lowered their n-butanol shipment prices by 100 yuan/ton, which led to a downward adjustment of the market focus. Subsequently, the market continued to consolidate at a low level. As of August 11th, the n-butanol market price in Shandong was around 6850-7100 yuan/ton.
2、 Fundamental situation
In terms of cost: In early August, the market price of propylene, the upstream raw material for n-butanol, increased, and the cost aspect improved, providing some cost support for n-butanol. The decline in n-butanol market is limited.
On the demand side: Currently, the demand for n-butanol in the market is relatively cautious, with downstream users mainly continuing their rigid demand or buying at low prices. The overall trading performance of the market is average.
On the supply side: Currently, the overall operating rate of the n-butanol market is slowly decreasing, and the overall supply of the market is narrowing, indicating a weak supply-demand situation.
3、 Future forecast
At present, the trading atmosphere of n-butanol in the market is relatively weak, and the wait-and-see sentiment is gradually increasing. Although the cost is supported, the transmission of supply and demand is generally boosted, and market inquiries are mostly at the low end. It is expected that in the short term, the n-butanol market price will mainly fluctuate and consolidate, and specific attention needs to be paid to downstream industry operating conditions and changes in supply and demand factors.
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