【N-Butanol】Analysis of the n-butanol market in November

【N-Butanol】Analysis of the n-butanol market in November

Since January, due to the overall weakening of demand for end products, the demand of downstream factories has maintained a rigid demand for inventory replenishment, and the n-butanol market has maintained a range-bound operation. Take the East China market as an example. In November, the average price of n-butanol in the East China market was 7,765 yuan/ton In November, the high-end price of n-butanol in the East China market was 7,950 yuan/ton, and the low-end price was 7,500 yuan/ton.

Downstream products	high end in november	low end november	November average price	October average price	Monthly rise and fall
Butyl Acrylate (East China)	8750	8550	8670	9063	-393
Butyl acetate (East China)	7450	7175	7253	7183	70
DBP (North China)	9275	9775	9492	9668	-176

Butyl acrylate:

In November, the butyl acrylate market was sorted out within a narrow range. At present, butyl acrylate is operating at the cost line and offline. In the off-season, the sales of acrylic acid are not smooth, and the atmosphere for negotiation is insufficient. Yuan/ton, which is 393 yuan/ton lower than the average price in October.

Butyl acetate:

In November, the domestic butyl acetate market stabilized after rising. At the beginning of the month, the price of raw material acetic acid went up. Dongying Yisheng and Jinyimeng plants were shut down for maintenance, and the supply in the field was relatively reduced. The quotation of butyl acetate market was higher, and the market trading atmosphere was good. The average price of butyl acetate in November was 7253 yuan/ton , 70 yuan/ton higher than the average price in October.

DBP:

In November, the domestic DBP market fluctuated and consolidated, the market center of gravity fell slightly, and the actual market transactions were still mainly rigid demand. The average price of DBP in November was 9492 yuan/ton, which was 176 yuan/ton lower than the average price in October.

To sum up, the terminal demand did not increase significantly in November, resulting in insufficient overall demand from butyl ester factories, and the overall price of n-butanol fluctuated steadily. It is expected that the n-butanol market atmosphere will remain stable next month, and downstream demand will still remain rigid. It is expected that the overall order volume of downstream factories will be relatively stable, and the overall focus of the market may continue to fluctuate in November.