I. price trend
According to the data monitoring of business agency, the domestic butanone market is weak as a whole this week. As of October 17, based on the quotations of several sample enterprises, the average price of butanone market is around 9016 yuan / ton, down 1.81% compared with October 16.
II. Market analysis
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Product: at the beginning of this week, the butanone market is in a weak trend. Until Thursday, the price of butanone market has been reduced by an increasing margin, and the factory has successively reduced the price for shipment. There are more ships in South China this month, the market mentality is not good, the market orders are less, and the market overall mentality is bearish. At present, East China and North China are slightly loose, with the market reference price around 9200 yuan / ton; South China is down to 9600 yuan / ton. The butanone market in Jiangsu continues to decline today, with the reference price of dealers around 9100 yuan / ton; the butanone market in Ningbo is weak as a whole, with the reference price of dealers around 9000 yuan / ton, and some traders are willing to support the price; at present, the overall market mentality is bearish.
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III. future forecast
According to the analysis of the data division of the business agency, it is expected that the overall trend of the butanone market will remain stable in the short term, and the price fluctuation will not be too large.
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