According to the data monitoring of business news agency, as of June 8, the average ex factory price of domestic butanone market was 8000 yuan / ton. Compared with the price on June 1, the average price decreased by 800 yuan / ton, or 9.09%. Compared with the price on May 1, the average price decreased by 933 yuan / ton, or 10.45%.
In May, the domestic butanone market rose sharply and then gradually fell back.
Supply and demand imbalance butanone market fell more than 9% on the 8th
In June, the domestic butanone market continued the cold atmosphere at the end of May, and the overall market was weak. Since July 7, the factory price of butanone in Shandong Province has been sharply reduced by about 1000 yuan / ton, and the low-end quotation of butanone in Shandong Province has dropped to 7600 yuan / ton. The sharp decline of the market has affected the mentality of the industry, and the wait-and-see mood of the downstream industry has increased. It only maintains the purchase of just needed products, with less trading volume and increased supply sources in the market. Subsequently, on the 8th, the butanone market in Jiangsu was also weak, with a downward range of 200-500 yuan / ton. At present, the overall performance of butanone market is imbalance between supply and demand. Operators are cautious and wait-and-see. As of June 8, the reference price of domestic butanone was around 7600-8300 yuan / ton, and the average price was 8000 yuan / ton. Compared with the price on June 1, the average price was reduced by 800 yuan / ton, down 9.09%.
According to the business news agency, the following is the reference price of butanone in some parts of China in June
product region June 1st June 8th Up and down
Butanone East China 8700 yuan / ton 7500 yuan / ton – one thousand and two hundred
Butanone south China 8900 yuan / ton 8300 yuan / ton – six hundred
Butanone Shandong 8800 yuan / ton 7600 yuan / ton – one thousand and two hundred
Upstream, the LPG market fluctuated frequently in May. In June, the domestic LPG market in Shandong rose first and then fell, with a slight decline as a whole. On June 3 and 4, Shandong’s market prices rose slightly and then stabilized. 7. On August 8, the market price went down. At present, as of June 8, the civil LPG market in North China is weak and consolidation, with local downward trend and general transaction atmosphere; In Japan, the LPG civil market in Shandong Province was down steadily, and the market transaction atmosphere was mild. At present, the overall inventory of manufacturers is at a controllable level, and there is no obvious pressure on manufacturers. According to the monitoring data of the business community, the reference price of LPG on June 8 was 4126.67 yuan / ton, down 0.40% compared with that on June 1 (4143.33 yuan / ton).
Butanone is still likely to fall in the future
From the current point of view, the increase of butanone market supply has not been effectively alleviated in the short term, mainstream factories have started one after another, the overall operating rate is on the high side, the game between the increase of supply and insufficient demand is still continuing, and butanone industry’s worry is also increasing. Therefore, business community butanone analysts believe that in the short term, the domestic butanone market will continue to be weak operation, do not rule out some areas continue to fall slightly.
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