This week, the n-butanol market rose (1.29-2.2)

According to monitoring data from Business Society, as of February 2, 2023, the reference price of n-butanol in Shandong Province, China was 8850 yuan/ton. Compared with January 28 (reference price of n-butanol was 8700 yuan/ton), the price increased by 150 yuan/ton, an increase of 1.72%.


Gamma-PGA (gamma polyglutamic acid)

From the monitoring chart of Business Society data, it can be seen that this week (1.29-2.2), the overall market for n-butanol in Shandong, China, showed a steady upward trend. During the week, downstream users of n-butanol were generally in a stocking cycle, with good shipments in the n-butanol market and active buying atmosphere on the market. The boost from the demand side supported the stable and strong operation of the n-butanol market, and the overall transaction price of n-butanol was approaching a high level. As of February 2nd, the domestic market price of n-butanol in Shandong region is around 8800-8900 yuan/ton, with a weekly price increase of 100-200 yuan/ton.


Future analysis


At present, the trading atmosphere in the n-butanol market is mild, and downstream demand is stocking up. The utilization rate of n-butanol production capacity has slightly increased during the week, and the overall supply and demand transmission in the market is good. The n-butanol data analyst from Business Society believes that in the short term, the domestic n-butanol market will mostly operate steadily with a strong bias, and specific trends still need to pay more attention to changes in supply and demand news.