According to the data monitoring of the business agency, as of September 16, the average ex factory price of domestic butanone market was 5733.33 yuan / ton, which was reduced by 433 yuan / ton or 6.97% compared with the price on September 1.
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“Gold nine more than half” butanone market is sluggish and hard to change, price is still at the bottom of the deadlock
Unknowingly, it has already passed half of September. It is not obvious that the domestic butanone market in China has not improved significantly at the time of the traditional “golden nine”. Since the beginning of the month, the market has been hovering around 6100 yuan / ton. Under the cold demand of downstream, the market is full of fatigue, the digestion and inventory in the market is slow, and the transmission between upstream and downstream is not smooth On the 10th, the factory’s offer prices were lowered by 100-200 yuan / ton, while the low-end price dropped to 5600 yuan / ton. Subsequently, the weak market trend did not change, and the demand dragged the butanone market into a deadlock. On the 14th, the market offer fell again, and the industry had a strong desire to rise. On the 15th, the offer of some regions increased slightly by 50-100 yuan / T, and the price of butanone was still at the bottom. As of the 16th, the average ex factory price of domestic butanone market was 5733.33 yuan / ton, compared with the price on September 1 Compared with Georgia, the average price decreased by 433 yuan / ton, or 6.97%.
Price quotation of butanone in some areas of China (for reference only)
Regional product specifications up and down 9 / 1 9 / 16
South China butanone purified water delivery: 6300 yuan / ton 5900 yuan / ton – 400 yuan
East China butanone purified water storage 6150 yuan / ton 5800 yuan / ton – 350 yuan
North China butanone purified water delivery: 5800 yuan / ton 5600 yuan / ton – 200 yuan
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On the upstream side, although the LPG civil market fell in the first week of September, the amplitude was not large. In the second week, the decline trend of LPG civil market remained unchanged, and the focus continued to move downward, and the range was more obvious. There was no increase in downstream demand, mainly consumed inventory, and the overall trading atmosphere of the market was slightly light. In addition, the early shutdown of enterprises has been restored, the market supply has increased, increasing the sales pressure. Down stream wait-and-see sentiment is strong, enter the market operation cautiously. Manufacturers did not improve shipment, inventory pressure gradually increased. Continuously reduce the price and give priority to shipment. The prices of some manufacturers have fallen below 3000 yuan / ton. As of September 16, most of the Southern markets were down, with weak demand in South China and poor trading atmosphere in the market. Refineries fell sharply by about 50-100 yuan / ton. The decline range of the northern market was narrowed, and some enterprises still had small rises. The price in Shandong was about 20 yuan / ton, and the price in Northeast China was relatively strong.
Parking is difficult to meet domestic and external demand downturn, and the market of butanone is more narrow range after finishing operation
At present, many factories choose to park for maintenance due to the continuous reduction of profits and slow delivery. However, the export and domestic sales of butanone are in a double weak trend. Although the factory supply has decreased, the domestic butanone supply spot is still at a high level. At present, the industry is looking forward to a strong rise, and the future market is expected to stop falling. However, whether it can really usher in the upward trend still needs to pay more attention to the demand side In the short term, the butanone market may be dominated by narrow range finishing.
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