July 8 news
According to the commodity market analysis system, as of July 8, 2026, the reference price for n-butanol in Shandong, China, was 6,100 CNY per ton. Compared to July 3 (when the reference price for n-butanol was 5,966 CNY per ton), the price increased by 134 yuan, a price increase of 2.23%.
I. Price Trend Data
From the data monitoring system, it can be seen that this week (July 3-7.8), the n-butanol market in Shandong, China, experienced a slight recovery. From July 3 to 5, the n-butanol market price was at a low consolidation, with little change in the market. On the 6th and 7th, the overall negotiation focus of the market price was adjusted upwards, with an increase of 100-200 CNY per ton. As of July 8, the n-butanol market price in the Shandong region was around 5900-6400 CNY per ton.
2. Analysis of Core Influencing Factors
Cost Perspective: The propylene market—the upstream raw material for n-butanol—has recently shown an upward trend, providing stronger cost support for n-butanol. As a result, the overall market conditions are following the upward movement of the “raw material.”
Supply and Demand: Currently, the demand for downstream products of n-butanol such as acrylic acid, butyl acetate, coatings, and adhesives in China is decent. The transmission of supply and demand at the margin has improved, providing some support for price increases in the market.
III. Future Market Forecast
Currently, the trading atmosphere in the n-butanol market is moderate, and the sentiment among industry players is positive. The recent strong market performance has provided a certain boost to confidence. It is expected that in the short term, n-butanol prices in China will mainly continue to stabilize with a slightly stronger trend. Specific developments will require close attention to the operating conditions of downstream industries and changes in supply and demand factors.
