Can butanone keep rising after the festival?

According to the data monitoring of the business agency, as of February 8, the average factory price of butanone in the domestic market was 7183 yuan / ton. Compared with the price at the beginning of the month (7116 yuan / ton on February 1), the price increased by 67 yuan / ton, or 0.94%. Compared with the price on January 25 (the reference price of butanone was 6666 yuan / ton), the average price increased by 516 yuan / ton, or 7.75%.

 

Thiourea

Since the end of January, the domestic butanone market has slightly recovered. In the first week of February, the domestic butanone market continued to rise steadily. At the beginning of the week, the overall inventory pressure of domestic factories was relatively low, and the factory quotation was firm, with an increase rate of 100-200 yuan / ton. However, there were not many new orders on the whole site. Most of the purchases were made by shippers before the festival, and then the market remained high and stable. At the end of the week, the trading atmosphere of butanone market was cold, and the downstream terminal was in a low level Factories have been parking for holidays. I heard that many secondary traders also said they were short of the market, with few new orders.

 

According to the data monitoring of the business agency, as of February 8, the average factory price of butanone in the domestic market was 7183 yuan / ton. Compared with the price at the beginning of the month (7116 yuan / ton on February 1), the price increased by 67 yuan / ton, or 0.94%. Compared with the price on January 25 (the reference price of butanone was 6666 yuan / ton), the average price increased by 516 yuan / ton, or 7.75%.

 

In terms of raw materials, in February, after the raw material ether, the market of C4 began to weaken, the overall trend maintained stable operation, the downstream replenishment basically ended, the procurement mostly maintained daily consumption, coupled with the reduction of transport vehicles, the transport capacity decreased, resulting in the poor delivery of some C4 manufacturers, which was limited by the pressure of warehouse discharge. It is expected that the mainstream price of C4 will maintain stable operation before and after the festival.

 

Butanone high finishing before the festival and weak price rise after the festival

 

At present, Before the Spring Festival, the downstream procurement is basically over, and the fluctuation of price has little stimulation to the current market demand. Therefore, it is expected that there will not be a substantial price adjustment before the festival, and it is mainly to maintain a stable and high-level finishing operation. After the festival, the downstream butanone is expected to need to digest inventory in a short time, and there is not much support for new orders after the festival. Therefore, it is expected that the upward trend of butanone price after the festival is less likely.

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