Butanone prices continued to fall for many days and finally recovered, but still worried in the future

According to the data monitoring of business society, as of March 10, the average price of domestic butanone market was 8500 yuan / ton, and the average price rose 134 yuan / T, down 1.59% compared with the 9-day (average value of butanone reference 8366 yuan / ton); compared with the price of 1 day (the average value of butanone reference is 8766 yuan / ton), the average price has been decreased by 266 yuan / ton, down 3.04%. Compared with the price of February 18 after the Spring Festival (the average price of butanone reference is 7133 yuan / ton), the average price is up 1367 yuan / T, or 19.16%.

 

In February, from the end of the Spring Festival to the end of the Spring Festival, the domestic butanone price rose rapidly. In just ten days, butanone market reached a high-end in half a year. The high-end market quotation exceeded 9000 yuan / T, and the 10-day increase reached 18%.

 

Butanone market continued to decline in March when domestic demand was less than March

 

In March, under the high price, the wait-and-see mood of the domestic trade market increased, and the downstream recovery was slow. The spot delivery of butanone was generally performed. On March and 4th, the overall price of butanone market declined, and the market price in South China was greatly reduced, and the price fell from 8800-9000 yuan / ton to 8200-8400 yuan / ton, and the market price in East China was also lowered to different degrees, and the price fell from 8650-8850 yuan / ton to 8 250-8450 yuan / ton. In early June, the main factories of Ding mainly received foreign trade orders and processed the pre orders. The inventory pressure of the factory was relatively small, and the spot of butanone market in Shandong Province was tight. However, the sharp decline in the market for several consecutive days brought a heavy drop. The market price of butanone was difficult to support. On August 8, the butanone price fell again, down by 100-200 yuan / T, and the sales price of butanone was 8200-8300 yuan / ton. Then, butanone was sold in advance at 8200-8300 yuan / ton The market of ketone basically remained stable. On September 9, spot traders began to settle prices. It was heard that on September 9, the quotation of individual traders in South China increased slightly, but the market investment atmosphere was general. On October, driven by the upward price of carbon four after the upstream raw material ether, the cost support of butanone was enhanced, and the butanone price rebounded slightly. The ex factory price of butanone in East China was 8400-8500 yuan / ton, up by 100-300 yuan/ About tons. The cost pressure is increasing, downstream factory procurement is depressed, and the market is mainly stable for operation.

 

According to the business agency, the following is the reference price of butanone in some parts of China in March

 

Product region: March 1 March August March 10 rise and fall

Butanone: East China: 8650-8850 yuan / T: 8250-8350 yuan / ton: 8400-8500 yuan / t-300

Butanone South China RMB 8800-9000 / T 8200-8400 yuan / T 8400-8600 yuan / T-400

The game of cold supply and demand in downstream is continuously high and weak, and the short-term market is adjusted mainly by narrow amplitude fluctuation

 

The demand downstream of butanone is cold and the wait-and-see mood is relatively strong. The market supply and demand game is obvious. From the supply and demand side, the driving force of butanone is not enough. Therefore, the analysis of butanone data of business society believes that the domestic butanone market market in the short term is mainly adjusted by narrow range fluctuation, and the specific trend needs to pay more attention to the demand change of downstream raw materials.

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