Supply and demand slightly deadlocked, butanone market consolidated

According to the monitoring data of business agency, as of December 2, the average ex factory price of domestic butanone market was 10366 yuan / ton. Compared with November 28 (the participating price of butanone was 10333 yuan / ton), the average price increased by 33 yuan / ton, or 0.32%.

This week, after the domestic butanone market rose slightly, it mainly operated stably. At the beginning of the week, the ex factory price of butanone in some factories in Shandong increased slightly by 100 yuan / ton. On November 29, the reference price of butanone in the domestic market was around 10200-14500 yuan / ton. The slight upward price did not significantly improve the overall trading atmosphere of butanone. The overall trading atmosphere in the venue was still cold, with sporadic small orders traded, supported by tight supply. Until the weekend, most butanone operators continued to make strong quotations, the supply and demand in the venue were slightly deadlocked, the overall operation was weak, the downstream demand continued to be weak, and the intention to prepare goods was not high. As of December 2, The average ex factory price of domestic butanone is 10366 yuan / ton. There is little change in the overall price this week, and there is no significant fluctuation in the market.


In terms of index, the butanone commodity index on December 1 was 112.68, the same as yesterday, down 2.15% from the highest point of 115.16 in the cycle (June 22, 2014), and up 123.31% from the lowest point of 50.46 on March 3, 2016. (Note: the period refers to the period from November 1, 2012 to now)

Upstream, this week, the domestic liquefied gas market in Shandong rose and fell each other. At the beginning of the week, on November 30, Shandong civil gas market rose steadily, and the sharp rise of international crude oil in the morning gave a significant boost to the market. The price of Shandong civil gas market was relatively low, and the downstream market bought goods on bargain hunting. The overall transaction atmosphere of the market was good, the manufacturers shipped smoothly, most of them had no sales pressure, their mentality was relatively strong, and some of them increased slightly. On the 2nd, the liquefied gas market in Shandong fell as a whole, the international crude oil fell, the market mentality was bad, and some manufacturers reduced their prices. As of December 2, the average price of liquefied gas in Shandong was 5310 yuan / ton, a decrease of 0.38% compared with November 29.

Future analysis of butanone

At present, the stalemate between supply and demand in the domestic butanone market has been revealed. The butanone data division of the business society believes that the long-term effective support for the butanone market should also come from the improvement of the demand side. Therefore, in the future, more attention should be paid to the breakthrough of the demand side of butanone, and the short-term butanone market will continue to consolidate and operate.

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