Poor Demand, the N-Butanol Market in Shandong Fluctuated and Fell in March

Price trend

According to the Commodity Market Analysis System of SunSirs, as of March 27, 2025, the reference price of n-butanol in Shandong Province, China was 6,650 RMB/ton. Compared with March 1 (reference price of n-butanol was 7,133 RMB/ton), the price has decreased by 483 RMB/ton, a decrease of 6.78%.

From March to the present (3.1-3.27), the overall market situation of n-butanol in Shandong Province, China has shown a fluctuating downward trend. In the first half of the month, the focus of the n-butanol market continued to sink. On March 15th, the price of n-butanol in Shandong fell to the lowest point of the month, with a reference of 6,640 RMB/ton, a decrease of 6.92% in the first half of the month. At the end of the month, there were sporadic improvements in inquiries about the low price of n-butanol, which slightly boosted the market situation. As the end of the month approaching, the price of n-butanol in Shandong's major factories has once again declined, driving the market to converge downwards. As of March 27th, the reference price for n-butanol market in Shandong region was around 6,550-6,700 RMB/ton.

Analysis of Market Factors

Supply side: In March, there was a certain supply pressure on the overall supply side of n-butanol, and factories were actively shipping to maintain low inventory. The support performance of n-butanol from the supply side was poor.

In terms of demand: During the month, the overall performance of downstream demand for n-butanol was relatively weak, dragged down by demand, and the market fell to a low point, stimulating downstream demand to replenish on a small scale. However, overall demand stocking was still cautious, and the boost to n-butanol was still insufficient. In March, the overall supply and demand support of the n-butanol market showed weak performance.

Market outlook

As of March 27, the overall atmosphere in the n-butanol market was relatively weak. In the short term, there may be fluctuations in the supply side of n-butanol, but the demand side was in a stage of release, and the overall wait-and-see sentiment was still strong. According to the n-butanol data analyst from SunSirs, in the short term, the n-butanol market in Shandong region will mainly focus on interval consolidation, and specific changes in supply and demand news need to be closely monitored.