according to the monitoring data of sunsirs, as of march 17, 2023, the reference price of n-butanol in shandong province was 7,366 rmb/ton. compared to march 12 (the reference price of n-butanol was 7,166 rmb/ton), the price increased by 200 rmb/ton, or 2.79%.

　　analysis review

　　as can be seen from the data monitoring chart of sunsirs, this week (3.13-3.17), the domestic butanol market in shandong province as a whole showed an upward trend. this week’s rise in the n-butanol market was mostly due to the phased fluctuations in the demand side. nstream demand for n-butanol was positive, trading atmosphere in the market was good and new orders had improved. supported by demand, the overall domestic n-butanol market has steadily risen, with an increase of around 100-200 rmb/ton within the week. this week, the overall operation rate of n-butanol at the supply side had not changed significantly, and the supply side had provided common market support. as of march 17, the market price of n-butanol in shandong province in china iwas around 7,200-7,400 rmb/ton.

　　market outlook

　　as of the 17th, the n-butanol field operators had a good mentality, and the overall improvement of n-butanol shipments provided support for market confidence. the n-butanol statistician of sunsirs believes that in the short term, the domestic shandong n-butanol market is expected to be adjusted stronger mainly, and the specific trend needs to pay more attention to the specific news changes on the supply and demand side.