BASF is forced to close its German plant and the price of 1-Butanol is expected to rise again

2020-12-21 105Second

 According to reports, BASF recently sent an urgent letter saying that the supply of 1-butanol in Ludwigshafen, Germany, suffered force majeure and was forced to close the factory and start repair, so it had to distribute the supply of 1-butanol. The 1-butanol supply in Ludwigshafen, Germany, is subject to force majeure, which will affect the downstream Butyl acrylate and Butyl methacrylate. The price of 1-butanol rose as high as 40.3% in November. The industry expects that the domestic 1-butanol market is expected to rise in the next step, and 1-butanol may join the rising team again.