China’s Domestic n-butanol Market Price Decreased on March 11

Price Trend

According to data from business associations, the average price of n-butanol as of March 11 was 6850 yuan/ton (including tax). At present, the mainstream domestic price of n-butanol is 6700-7000 yuan/ton, which is 2.38% lower than that of last Friday.

PVA 1799 (PVA BF17)

II. Market Analysis

Products: The overall supply and demand of n-butanol is balanced, some factories have continuously lowered prices, the downstream is in a wait-and-see state, the raw propylene rebounds, and the transaction is expected to improve. Today, the price of n-butanol in East China is 7250 yuan/ton, and the price of n-butanol in South China is 7400 yuan/ton, all of which are down by 100 yuan/ton.

3. Future Market Forecast

Forecast: It is expected that the n-butanol market will maintain stable operation today.

PVA 1788 (PVA BP17)