According to data monitoring by Business Society, as of August 18, 2023, the domestic market price of butanone was referenced at 7750 yuan/ton. Compared with August 14, 2023 (reference price of butanone was 7916 yuan/ton), the price was 166 yuan/ton, a decrease of 2.11%.
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From the data monitoring chart of Business Society, it can be seen that this week (8.14-8.18), the overall market situation of domestic butanone showed a weak and declining trend. During the week, downstream demand for butanone was lackluster, new orders were rare, and there was a strong wait-and-see sentiment on the market. The mentality of the operators was average, with some butanone factories under certain supply pressure and insufficient support from both the supply and demand sides. Therefore, under the influence of weak supply and demand, some butanone factories and suppliers allowed profits to ship, and the overall focus of the butanone market continued to move towards a low level, The market price of butanone will decrease by around 100-300 yuan/ton within the week. As of August 18th, the domestic market price of butanone is referenced around 7300-7900 yuan/ton, with some low prices referenced around 7200 yuan/ton.
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Analysis of the aftermarket of butanone
At present, the trading atmosphere in the butanone market is average, and there is a certain wait-and-see sentiment in the market. Downstream new orders are trading cautiously. The butanone data analyst from the Business Society believes that in the short term, the overall narrow range adjustment of the domestic butanone market is the main trend, and the specific trend still needs to pay more attention to changes in supply and demand news.
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