According to the data monitoring of Business News Agency, as of February 17, 2023, the domestic market price of butanone was 8966 yuan/ton. Compared with February 1, 2023 (the reference price of butanone was 8533 yuan/ton), the price increased by 433 yuan/ton, or 5.08%.
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It can be seen from the data monitoring chart of the business agency that in the first ten days of February, the domestic butanone market as a whole was running steadily upward. The main driving force for the rise of the market of isobutanone is the continuous rise of the C4 market after the end of the raw material ether, which gives the cost support for butanone to be strengthened continuously. In order to alleviate the cost pressure, the butanone industry has made an increase in the price of butanone by 300-400 yuan/ton. However, the downstream demand for butanone was weak, the overall demand support was general, and the momentum for the continuous rise of butanone market was limited. In this week, the overall butanone market entered a stable consolidation and operation trend after the rise. As of February 17, the domestic market price of butanone was around 8600-9000 yuan/ton.
Aftermarket analysis of butanone
At present, the downstream terminal demand for butanone has not yet fully recovered. The overall support for butanone from the demand side is slightly loose. The new butanone transaction is general, and the overall inventory of the supply side butanone market is relatively sufficient. The butanone statistician of the business agency believes that in the short term, the domestic butanone market is mostly volatile, and the specific trend needs to pay more attention to the specific information changes on the supply and demand side.
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