1、 Price trend
According to the data monitoring of the business agency, as of January 6, the average market price of butanone was around 9066 yuan / ton, down 200 yuan / ton, or 1.80% compared with that before the festival (December 31).
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2、 Market analysis
Product: since the end of December, the market of butanone has been under performing, with limited climbing power and weak market. The price in the last week of December has been basically stable. On December 30, the market price was lowered, and the market reference average price was around 9200 yuan / ton. After new year’s day, on January 2, the domestic butanone market continued to be weak and falling. Due to the low stock, most factories’ price cuts were avoided in January The market stock is overstocked, the transaction is still relatively cold, the factory continues to reduce the price, the industry is more cautious, and the purchasing power of the downstream factory is relatively low. At present, the factory quotation of Shandong Lishu chemical butanone is 8800 yuan / ton (purified water), 200 yuan / ton lower than that before New Year’s day; the factory quotation of Qixiang butanone in Zibo, Shandong is 8800 yuan / ton (purified water); the reference quotation of butanol market in East China is around 8650 yuan / ton; the reference quotation of butanol market in North China is around 8650 yuan / ton; the reference quotation of butanol market in South China is around 8800 yuan / ton.
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Industrial chain: last Friday, the price of liquefied gas in Shandong was around 4725 yuan / ton, 150 yuan / ton higher than a week ago. This week’s crude oil high volatility, good support for the market limited. Due to the new year’s Day holiday, oil products are shipped first, and the support for raw ether is limited. Fortunately, the price is stable and moderate. The increase of civil gas is obvious, and the good mainly comes from the optimistic expectation of the downstream for the import cost in January. In addition, the higher price difference with propane is also one of the important good.
3、 Future forecast
According to the analysis of the data division of the business agency, it is expected that the domestic butanone will usher in the downstream stock tide before the Spring Festival, and the price may rise steadily or slightly.
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