According to the data monitoring of business agency, as of September 7, the average ex factory price of domestic butanone market was 6166.67 yuan / ton, which was reduced by 50 yuan / ton or 0.8% compared with the price on September 1.
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The demand is low, and the market of butanone is weak in the first week of September
In late August, the overall domestic butanone market was weak and stable, with general market inquiry atmosphere, poor downstream purchasing strength, low downstream demand, slightly more supply, and multi-dimensional rigid demand for goods.
In September, butanone market continued to be cold, inquiry atmosphere was low, and demand was not good. On the 3rd, the external quotation of butanone factory was loose, and the market was weak and fell. Subsequently, the overall market was weak and stable, and the demand was insufficient. As of the 7th, the mainstream transaction price of butanone in East China was 6150 yuan / ton, down 100 yuan / ton compared with the beginning of the month; the sales in South China were average, with the mainstream transaction price at 6300 yuan / ton, down 150 yuan / ton compared with the beginning of the month; the mainstream transaction price of butanone in North China was 5800 yuan / ton, compared with the beginning of the month 100 yuan / ton.
Price quotation of butanone in some areas of China (for reference only)
Regional product specifications up and down 9 / 1 9 / 7
South China butanone purified water delivery: 6450 yuan / ton: 6300 yuan / ton – 150 yuan
East China butanone purified water delivery: 6250 yuan / ton: 6150 yuan / ton – 100 yuan
North China butanone purified water delivery 5900 yuan / ton 5800 yuan / ton – 100 yuan
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On the upstream side, in September, the C4 after ether was stable and upward, and the main trading range rose to 3150-3220 yuan / ton, while the average price of C4 after ether in Shandong was 3200 yuan / ton. As the finished product market is about to usher in a new centralized purchasing cycle, there is a certain positive boost to the finished product market. Under the influence of the improved demand, the C4 manufacturers after ether delivered smoothly. Last week, the transaction of C4 after ether was stable and slightly increased. However, affected by the sharp drop of international crude oil at the end of last week, the news faced the market’s negative pressure obviously, and the transaction of etherified carbon 4 market had a stable wait-and-see situation.
The atmosphere is cold and weak, and butanone market may fall again in the short term
At present, the domestic butanone market is mainly stable for the time being, and the fatigue still exists. The industry has a strong wait-and-see mood. The South China shippers have a heavy bearish mentality, showing a weak trend. It is expected that the butanone market may have further decline risk in the short term.
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