N-Butanol ：Analysis of the n-butanol market in November

N-Butanol ：Analysis of the n-butanol market in November

Since November, affected by the overall weakening 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.

Butyl acrylate:

In November, the butyl acrylate market was sorted out within a narrow range. Currently, butyl acrylate is operating at the cost line and offline. The sales of acrylic acid are not smooth during the off-season, and the atmosphere for negotiation is insufficient.

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, and Dongying Yisheng and Jinyimeng facilities were shut down for maintenance, and the supply in the field was relatively reduced. The market quotations for butyl acetate rose, and the market trading atmosphere was good.

DBP:

In November, the domestic DBP market fluctuated and consolidated, and the market center of gravity fell slightly. The actual market transactions were still dominated by rigid demand. The average price in November fell by 176 yuan/ton compared with 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.