Butanol prices are firm

May 22, 2021

Last week, the domestic market price of butanol was firm. Due to the fact that there was a small amount of imported goods, market stocks gradually digested, traders reluctantly sold more goods, and some downstream users entered the market for replenishment, which promoted a steady rise in market prices. In the short term, the tight supply situation of n-butanol will continue. With the support of rising prices of downstream products, the market will continue to operate strongly.
The atmosphere in the n-butanol market in east China was not very strong, but prices continued to rise. The tight supply of the stock market, the holders of a good attitude, shipping intentions are not strong; terminal buyers more active inquiry; traders shipped smoothly, there is still confidence in the market outlook, prices steadily on the move. The mainstream quoted price is between 12700 and 12800 yuan (ton price, the same below), and the actual transaction price is between 12600 and 12700 yuan.
South China n-butanol market is tight and prices are high. The volume of shipments to the market was small, the downstream demand was stable, and the buyer’s purchase intentions were general, but the attitude was very stable; traders’ sales were normal and the quotes remained firm. The current mainstream market price is 13,000 to 13100 yuan, and the actual negotiation price is 12900 to 13,000 yuan.
The butanol market in North China is operating steadily and high-end prices have risen. The market is tightly stocked, and the intention of shipping is low; buyers are more active in asking for goods and have a certain amount of initiative buying; traders are shipping smoothly and high-end prices are raised slightly. The mainstream quoted price is between RMB 12,500 and RMB 12,700, and the actual transaction price is between RMB 12,400 and RMB 12,600.

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