The domestic n-butanol market experienced mixed up and downs last week. The market's cash supply is still tight, but the downstream demand is gradually weakening, the buyer's intention to enter the market has declined, more transactions in small quantities. Except for the tight supply price increase in South China, the mentality of traders in other regions gradually weakened. Traders’ shipments slowed down, and the quotations fell.
The atmosphere of n-butanol market in east China has stagnated, and prices have fallen slightly. The market's cash supply was stable, and high-end transactions were hindered. Downstream buyers were more cautious, trading volumes shrank slightly, trading sentiment gradually weakened; traders' confidence declined, and quotes fell slowly. The market price is quoted at 12200 to 12300 yuan (t price, the same below), and the actual transaction price is between 12100 and 12200 yuan.
South China butanol market rose strongly and prices continued to rise. The tight supply of the stock market, inventory continues to consume; buyers to maintain a good approach enthusiasm, the market transaction atmosphere is good; traders have a stable mentality, shipping intentions are not strong, quotes continue to increase. The market price is quoted at 12600 to 12700 yuan, and the actual negotiation price is at 12400 to 12600 yuan.
The market atmosphere of n-butanol in North China was flat and the prices were slightly lower. Insufficient start-up of the downstream industry, the reduction in demand for raw materials, making the market supply appear to be more relaxed; end-users to buy on-demand, the transaction is relatively weak; traders shipping slowed, the price gradually lower. The market price is quoted at 12300 to 12400 yuan, and the actual negotiation price is at 12200 to 12300 yuan.