According to data monitoring by Business Society, as of August 7, 2023, the domestic market price of butanone was set at 7933 yuan/ton. Compared with August 1, 2023 (reference price of butanone was 7866 yuan/ton), the price increased by 67 yuan/ton, an increase of 0.85%.
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From the data monitoring chart of Business Society, it can be seen that since July (7.1-7.25), the overall market situation of domestic butanone has shown a “first decline and then rise” trend. In early July, the overall butanone market continued to decline, with insufficient downstream demand. New orders for butanone were sold lightly, and shipments were slowly affected. Some factories and suppliers started actively shipping and adjusted butanone prices downwards. In the early stage, the cumulative decrease was about 200 yuan/ton, a decrease of 1.82%.
From the data monitoring chart of Business Society, it can be seen that since August (8.1-8.07), the overall market situation of domestic butanone has shown a slight upward trend. At the beginning of August, the overall market for carbon tetrachloride (C4) in the ether end of butanone raw material increased, and the cost of butanone was supported by the raw material end. The overall butanone market rose slightly, with an increase of around 100 yuan/ton. At present, the overall performance of downstream demand for butanone is average, and the boost provided by the demand side for butanone is limited. As of August 7th, the domestic market price of butanone is around 7600-8400 yuan/ton.
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Analysis of the aftermarket of butanone
At present, the trading atmosphere of butanone on the market is relatively light, and downstream demand is cautious. New orders on the market are generally traded, and the butanone data analyst at the Business Society believes that in the short term, the overall range of the domestic butanone market is mainly adjusted and operated within a narrow range. The specific trend still needs to pay more attention to changes in news on the supply and demand side.
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