This week, the domestic N-Butanol market stabilized after a slight decline. The overall trading atmosphere in the domestic market was light in the early stage. Production factories took the initiative to make concessions and actively shipped goods to maintain low inventory. The center of gravity of market prices dropped slightly. The inventory of downstream raw materials was low, and purchases were mainly made on a bargain basis. The market had good low-price transactions. Near the weekend, some units unexpectedly reduced production, and the market supply was reduced, which provided some support for its price. The market price stabilized after falling.
At present, the downstream maintains a medium to high operating rate as a whole, while the raw material inventory remains at a low level. Therefore, the market's rigid demand purchases continue. It is expected that there will be new output of n-butanol, and the supply will increase slightly. However, the factory inventory is at a low level and the overall supply is limited. Therefore, it is expected that the domestic n-butanol market will remain stalemate and stabilize in the future.
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