According to the Commodity Market Analysis System of Shengyi Society, as of May 28, 2025, the reference price of n-butanol in Shandong Province, China is 6366 yuan/ton. Compared with May 1 (reference price of n-butanol is 6266 yuan/ton), the price has increased by 100 yuan/ton, an increase of 1.60%.

From the monitoring system of Shengyi Society, it can be seen that in May (5.01-5.28), the overall n-butanol market in Shandong Province, China, showed a trend of first falling and then rising. In early May, the n-butanol market in Shandong Province experienced a downward trend, with the center of gravity of the n-butanol market continuously declining. On May 10th, the n-butanol price in Shandong Province fell to the lowest point of the month, with a reference price of 6066 yuan/ton, a 3.19% drop in the first half of the month.
In mid to late May, the overall n-butanol market in Shandong region experienced a recovery trend, with the center of gravity of the n-butanol market fluctuating upwards. n-butanol factories gradually increased their n-butanol shipment prices, with a cumulative increase of about 300-450 yuan/ton. As of May 28th, the market price of n-butanol in Shandong Province, China is estimated to be around 6300-6400 yuan/ton, with a 4.95% increase in the second half of the year.
Analysis of Market Factors
In terms of supply and demand: In early May, the downstream stocking performance of n-butanol after the holiday was poor, putting pressure on the supply side of n-butanol. The market supply and demand transmission was slow, and the positive support for the n-butanol market was insufficient, leading to a downward trend in the market. In mid to late May, some n-butanol plants in Shandong region have not yet restarted, resulting in low inventory levels and tight spot supply. The pressure on factory shipments is relatively small, and the supply side provides support for the n-butanol market. Coupled with the gradual reduction of downstream raw material reserves, downstream users have increased their enthusiasm for raw material procurement, and demand transmission has improved. The demand side also provides some support for the rise of n-butanol market.
Market analysis in the future
At present, the trading atmosphere of n-butanol in the market is mild, and the mentality of industry players is positive. The supply and demand transmission of n-butanol is good. The n-butanol data analyst of Shengyi Society predicts that in the short term, the n-butanol market in Shandong Province, China will mainly operate in a stable and slightly strong manner, and specific changes in supply and demand information need to be paid more attention to.