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The domestic n-butanol market is sluggish

2009-03-10View Original

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On Friday (March 6), the domestic n-butanol market was in a sluggish state today. The operating capacity of downstream products such as butyl acetate and propylbutyl devices was low; factories had limited access to raw materials, demand from downstream sectors was weak, and overall market demand was low. Transaction activity was average, with a strong atmosphere of caution among market participants.   East China: Today, the market for n-butanol in East China remains stable. The prevailing price in the local market is around 6,800–6,900 yuan per ton. The propylene market at the upstream level is stable, while demand for butyl acetate and propylbutyl acetate in the downstream sector has weakened. Traders are cautious when purchasing goods, and there is a shortage of available stock in the market; overall, transaction activity is low.   South China: Today, the market atmosphere for n-butanol in South China remains stable. The prevailing price in the local market is around 6,800–6,900 yuan per ton. Supplies are arriving in large quantities, yet the operating capacity of downstream butyl acetate producers is low; demand from these industries is weak, resulting in few transactions in the market.   North China region: Today, the market price of n-butanol in the North China region remains stable. The prevailing price in the local market is between 6,800 and 6,900 yuan per ton. Supply in the market is limited, the operating rate of downstream butyl acetate plants is low, and the operating rate of propylene and butylene-related factories is also low; transactions are mainly carried out on a small-scale basis, resulting in a sluggish market activity.   Factors affecting the market and trend: 1. Low operating rates of downstream butyl acetate and propylene-butylene plants ; 2. Market demand remains weak ; 3. Traders are cautious when sourcing goods ; 4. The manufacturer’s plants are not operating at full capacity, resulting in limited production capacity ; The domestic n-butanol market is expected to remain stable in the near term.

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