According to the monitoring data of business agency, as of January 12, 2022, the average ex factory price of domestic butanone market was 12200 yuan / ton. Compared with the price on January 9 (butanone reference price of 12333 yuan / ton), the average price was reduced by 133 yuan / ton, a decrease of 1.08%. Compared with the price on January 1 (butanone reference price of 11533 yuan / ton), the average price was increased by 667 yuan / ton, an increase of 5.78%.

It can be seen from the data monitoring chart of business society that in January 2022, the domestic butanone market continued to rise in a narrow range after the festival, and the tight spot supply on the floor continued to support the high and strong offer of butanone industry. This week, the downstream demand gradually weakened, the goods were prepared cautiously, the wait-and-see mood became stronger, and the market trading showed a stalemate. On the 10th, the butanone market continued to rise, weak and stable. 11. On the 12th, due to demand constraints, the operators’ mentality was unstable, and the domestic butanone market fluctuated downward. The butanone factory in Shandong reduced the ex factory price of butanone by 200 yuan / ton, the ex factory price of butanone to around 12000 yuan / ton, the price of butanone in Jiangsu decreased by 200-300 yuan / ton, and the ex factory quotation of butanone was around 12300-12500 yuan / ton. As of the 12th, the domestic butanone market had weakened as a whole. The ex factory price of butanone was around 12000-125000 yuan / ton, and the average price was 12200 yuan / ton, a decrease of 1.08% during the week.

In terms of index, the butanone commodity index on January 11 was 133.33, down 0.73 points from yesterday, down 0.54% from the highest point of 134.06 points in the cycle (2022-01-10), and up 164.23% from the lowest point of 50.46 points on March 3, 2016. (Note: the period refers to the period from November 1, 2012 to now)

Upstream, in January, the domestic liquefied gas market ushered in a collective rise. Shandong region generally pushed up sharply, with an obvious range. As of January 10, the price of civil gas in Shandong rose to above 5500 yuan / ton. The good start of the market is mainly driven by international crude oil. The continuous rise of international crude oil after new year’s day has brought obvious support to the liquefied gas market. In addition, Saudi Aramco’s CP price was introduced in January. Although propylene butane fell, the decline was less than expected, which also gave a certain boost to the domestic market. In addition, there is a certain replenishment demand in the downstream after the festival, the enthusiasm for entering the market is high, the manufacturers ship smoothly, the inventory is mostly at a low level, and the prices rise one after another.

Future analysis of butanone

At present, the downstream demand of the domestic butanone market is relatively calm, with more transactions and single discussions. The butanone data division of the business society believes that in the short term, China’s butanone market is mostly sorted and operated in a narrow range, and more attention needs to be paid to the travel needs of raw materials and the follow-up situation.