September 15: Wanhua Chemical Group N-Butanol Market Update in East China Region

Deep News09-15

On September 15, Wanhua Chemical Group Co.,Ltd. quoted n-butanol at 6,000 yuan per ton in the North China region, with prices remaining stable for the time being.

**Bulk Commodity Formula Pricing Principles**

The benchmark price is a transaction guidance price generated based on big price data and pricing models, serving as a reference price. It can be used to determine settlement prices for the following two types of transaction needs:

1. Settlement price for a specified date 2. Average settlement price for a specified period

Pricing Formula: Settlement Price = Benchmark Price × K + C

Where: K: Adjustment coefficient, including factors such as credit period costs C: Premium/discount, including factors such as logistics costs, brand price differentials, regional price differentials, etc.

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