PriceSeek Key Reminder: Wanhua Chemical Lowers North China n-Butanol Prices

Deep News10-23

On October 23, Wanhua Chemical Group Co., Ltd. announced a price adjustment for n-butanol in North China, reducing the quotation to 5,400 CNY/ton, a decrease of 100 CNY/ton. PriceSeek's analysis assigns a bearish score of -1.5 to n-butanol prices, indicating that the price cut reflects weak market demand or an increase in supply. As a major producer's price reduction may trigger a chain reaction in the market, it could lead to further downward pressure on spot prices and affect short-term market confidence. The score of -1.5 suggests a moderate to significant bearish outlook, indicating a notable price drop, though not classified as an extreme event. The benchmark price from the business community is derived from price big data and the price model generated by the business community, which serves as a trading guide. It can be used to determine transactional settlement prices for two types of demand: 1) Settlement price for a specified date 2) Average settlement price for a specified period. Pricing formula: Settlement price = Business Community Benchmark Price × K + C, where K is the adjustment coefficient reflecting factors such as account period costs, and C represents premiums or discounts including logistics costs, brand price differences, regional price differences, and other factors.

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Pricing formula: Settlement price = Business Community Benchmark Price × K + C, where K is the adjustment coefficient reflecting factors such as account period costs, and C represents premiums or discounts including logistics costs, brand price differences, regional price differences, and other factors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0050","symbol_name":"建筑节能","start_time":0,"source_url":"","article_id":"1124331199","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1124331199","pubTimestamp":1761216646,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"On October 23, Wanhua Chemical Group Co., Ltd. announced a price adjustment for n-butanol in North China, reducing the quotation to 5,400 CNY/ton, a decrease of 100 CNY/ton. 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