According to data monitoring by Business Society, as of December 6, 2023, the domestic market price of butanone was referenced at 7533 yuan/ton, which was basically the same as December 1, 2023. Compared with November 1, 2023 (reference price of butanone was 8100 yuan/ton), the price decreased by 567 yuan/ton, a decrease of 7%.
From the monitoring chart of Business Society data, it can be seen that from the beginning of December (12.01-12.06), the domestic butanone market as a whole showed a stable consolidation and operation trend. At the beginning of the month, the supply and demand side of the butanone market was relatively calm, and the overall trading atmosphere on the market was relatively quiet. Downstream demand continued to be weak, and the overall inventory of downstream remained tight. Some butanone suppliers adjusted prices narrowly based on their own inventory situation, and the overall market change was not significant. As of December 6th, the domestic butanone market price was around 7100-7700 yuan/ton, and the high-end price was around 7800 yuan/ton.
Market Forecast and Analysis of Butanone
At present, the overall trading atmosphere of butanone on the exchange is weak, and the overall supply and demand transmission on the exchange is slightly deadlocked. Business Society butanone data analyst predicts that in the short term, the butanone market will mostly be weak with slight adjustments, and the specific trend still needs to pay more attention to specific news changes on the supply and demand side.