The price of butanone fluctuates at a low level, and may fall slightly in the future

According to the data monitoring of business agency, as of August 13, the average ex factory price of domestic butanone market was 6033.33 yuan / ton. Compared with the price on August 1, the price decreased by 33 yuan / ton, or 0.55%; compared with the price on July 1, the price decreased by 1000 yuan / ton, by 14.22%, and the maximum amplitude during the period was 14.22%.

 

Butanone went down all the way in July, down 13.74%

 

In July, the market of butanone was weak and fell significantly. With the advent of high temperature, downstream demand weakened and the market trading atmosphere was cold. Butanone export is limited, export orders are reduced, and the foreign trade atmosphere is not good, which affects the confidence of domestic traders. With the increase of domestic inventory, the bearish mentality of the industry is increasing, the domestic market continues to be cold, the contradiction between supply and demand in the market is increasing, and the offer of the industry continues to fall. As of July 31, the average ex factory price of butanone had dropped to 6066.67 yuan / ton, down 967 yuan / ton or 13.74% compared with July 1.

 

Since August, the overall low-level fluctuation operation of butanone Market

 

The market continued to fall in July, which gave insufficient support to the market in August. Since the beginning of August, the atmosphere of inquiry in the butanone market was general, and the downstream off-season was even weaker. The operators kept a cautious attitude and expected the price of butanone to fall. The market has always maintained weak consolidation, and downstream procurement is not active. On August 7, some dealers in the secondary market made a small offer of 100 yuan / ton, which had little impact on the overall market. The market trading atmosphere was even colder affected by the parking of butanone downstream in Hubei Province. A few days later, the market offer fell again. As of August 13, the reference price of butanone in South China was 6200-6300 yuan / ton; that in East China was 6000-6100 yuan / ton; in North China, the reference price of butanone was 6000-6100 yuan / ton The reference factory price of ketone is 5700-5800 yuan / ton.

 

Price quotation of butanone in some areas of China (for reference only)

 

PVA

Regional product specifications up and down 8 / 1 8 / 13

South China butanone purified water delivery: 6350 yuan / ton: 6250 yuan / ton – 100 yuan

East China butanone purified water storage 6150 yuan / ton 6100 yuan / ton – 50 yuan

North China butanone purified water delivery 5700 yuan / ton 5700 yuan / ton

Demand is likely to weaken again. In late August, the butanone market may encounter a slight negative drop

 

On the current market, butanone market demand is difficult to boost in a short time, and the downstream demand loss of butanone in Hubei is relatively large The unexpected parking time may be extended to the end of the year, and the provinces in East China have also launched strict safety inspection. Therefore, it is expected that the downstream demand for butanone will continue to reduce in late August, and the factory quotation will be more difficult to stabilize. Under the weak trend, it is expected that the market will mainly fluctuate and adjust in late August, and the sales pressure will be greatly increased, and the lower offer of the factory may increase.

POLYVINYL ALCOHOL