The supply side supported the market, and the price of butanone was adjusted at a high level

According to the monitoring data of business agency, as of February 18, 2022, the average ex factory price of domestic butanone market is 13233 yuan / ton, which is basically the same as that on February 14. Compared with February 1 (the ex factory price of butanone is 12500 yuan / ton), the average price is increased by 733 yuan / ton, or 5.87%.

 

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It can be seen from the data monitoring chart of business society that the overall high-level consolidation and operation of the domestic butanone market this week is dominated. After the Spring Festival holiday, the domestic butanone market ushered in a steady upward trend. After the festival, the operating rate of butanone plant was low, and the on-site supply was tight, supporting the steady upward trend of butanone market. At the beginning of this week (14th), the quotation of some butanone factories continued to rise slightly, with an increase range of 100-200 yuan / ton. The overall performance of downstream demand for butanone after the festival was general, the transaction was cautious, and the continuous rise of butanone market was insufficient. Under the support of less supply pressure, most factories made stable offers at high levels this week. As of the end of this week (18th), the ex factory price of domestic butanone was around 13000-13500 yuan tons. At present, the enthusiasm for downstream procurement is not obvious, The on-site transactions are mostly based on real order negotiation.

 

Upstream, on February 17, the overall trend of domestic liquefied gas was weak, and the Shandong market decreased slightly, with a range of 30-80 yuan / ton. The downstream maintains replenishment on demand, the market trading atmosphere is general, the manufacturer’s shipment is blocked, and the price is weak. Prices are expected to remain weak in the short term, mainly consolidation. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 5476.00 yuan / ton on February 16 and 5454.00 yuan / ton on February 17, with a single day decline of 0.40%, down 1.55% compared with February 1.

 

Future analysis of butanone

 

At present, the transaction in the butanone market is cautious and the overall trading atmosphere is general. The butanone datagrapher of the business society believes that in the short term, there are many downside risks in the butanone market, and more attention should be paid to the basic changes in the supply and demand of butanone.

POLYVINYL ALCOHOL