Insufficient Support, N-Butanol Market in China Struggles to Improve

November 24th, news from China:

According to the commodity market analysis system, as of November 24, 2025, the reference price for n-butanol in Shandong, China was 5,066 CNY per ton. Compared to November 1 (when the reference price for n-butanol was 5,233 CNY per ton), the price has decreased by 167 CNY per ton, a price decrease of 3.18%.

Weak Fundamentals, Shandong Normal Butanol Market Continues to Operate Weakly in November

From the commodity market analysis system, it can be seen that since November, the n-butanol market in Shandong region of China has been continuously declining, with the negotiation focus of n-butanol continuously dropping. During the month, n-butanol factories and suppliers actively shipped goods to maintain low inventory, resulting in market inquiries remaining at a low level. As of November 24, the market price of n-butanol in Shandong region of China was around 5050-5100 CNY/ton.

Market Factor Analysis

Supply aspect: This month, the overall supply of n-butanol in Shandong, China, has been relatively loose. Some factories and suppliers are facing certain supply pressures, with a relaxed pace of market shipments. The supply side is not providing sufficient support for the n-butanol market.

Demand aspect: In November, the overall support from the downstream demand for n-butanol in the Chinese market has weakened. The overall operating rate of the downstream sector for n-butanol has decreased, leading to insufficient enthusiasm for purchasing raw materials. Downstream users mainly buy on dips, and inquiries and negotiations are cautious.

Future Market Prediction

Currently, the overall trading atmosphere in the n-butanol market in Shandong is relatively quiet, with a lack of effective positive support. Market sentiment is average. N-butanol data analysts predict that in the short term, the n-butanol market in Shandong, China, will mainly operate within a range. Specific developments will require close attention to changes in supply and demand.