Price Trend
According to the monitoring data of business associations, the domestic butanone market rose significantly this week. At present, the mainstream domestic butanone quotation is around 6200-6700 yuan/ton, up 5.79% compared with July 5.
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II. Market Analysis
Products: Most butanone factories in China have no inventory pressure through centralized shipment in the early stage, and the delivery volume has decreased significantly. This week, the butanone market prices continued to rise steadily. At present, the market price of butanone in Jiangsu refers to the spot remittance tank near 6500-6700 yuan/ton. The inquiry atmosphere is slightly better, and the downstream end-user purchase is general. Pear trees in Dongming, Shandong Province, were stopped because of equipment problems, and there was no spot sale. Overall, the domestic butanone market is still on the tight side next week. In this case, support prices are rising slowly.
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3. Future Market Forecast
Business society data analysts believe that the short-term forecast is more likely to rise steadily.