1、 Price trend

According to the data monitoring of business association, as of May 12, based on the quotation of several sample enterprises, at present, the average ex factory price of domestic butanone market is around 6200 yuan / ton, which is up by 400 yuan / ton or 7.4% compared with the average market price of 5800 yuan / ton before Labor Day (April 30).

2、 Market analysis

Products: in May, due to the stock up of some downstream products before labor day, the delivery of butanone manufacturers before labor day is relatively smooth, and the overall warehouse is running at a lower level. After labor day, affected by the low stock and the skyrocketing market of related substitutes acetone, some domestic downstream companies purchase butanone as their substitutes, and some downstream companies have the demand for replenishment, which is driven by multiple advantages, so the delivery of manufacturers is smooth and the transaction is successful As a result, the demand for butanone rose after the festival. The market showed the most significant increase in the 6-7 days. According to the data monitoring on the 7-7 day, the average ex factory price of domestic butanone market has increased to around 6233 yuan / ton, which is about 300-400 yuan / ton higher than that before the festival. However, the end product market has not improved significantly and the news of international crude oil falling over the weekend has not supported the market well enough. Since the 8th, the butanone market has not gained enough momentum and trading volume has been significantly reduced. Although the factory’s inventory pressure is not large, small and medium-sized traders said that the inquiry atmosphere at the end of the week has obviously cooled down and the factory continues to raise prices. Up to the 12th, South China Area: the factory reference of butanone water purification is around 6300 yuan / ton; East China: the factory reference of butanone water purification is around 6100-6200 yuan / ton; North China: the factory reference of butanone water purification is around 5800-5900 yuan / ton; currently, the overall domestic butanone market is based on the temporary stable consolidation trend.

Industry chain: after Labor Day in May, crude oil is the main player, and there is a demand for replenishment in the downstream of liquefied gas civil market after the festival. The market entry is more active, the manufacturer’s shipment is smooth, the inventory is free of pressure, and the overall price is wide upward. The terminal market recovered in an all-round way, with general demand and stable price last weekend. On Monday (May 11), after the downward trend of the market, the overall market is stable. As of the 12th, the price of liquefied gas market in Shandong Province is stable. The mainstream price is about 2900-3100 yuan / ton, the market transaction is normal, and the actual transaction price is the main price; the market price of liquefied gas in East China is reduced. The mainstream price is about 2900 yuan / ton, and the market turnover is normal; the market price of liquefied gas in North China is stable. The mainstream price is around 2800-2850 yuan / ton, and the market transaction is normal.

3、 Future forecast

According to the analysis of the data analyst of the business agency, the inquiry atmosphere in the domestic butanone market has basically returned to calm, and the market volume may be reduced. The export volume of foreign public events to butanone may continue to decrease, and the demand of domestic downstream is difficult to provide strong support for butanone. Therefore, it is expected that the domestic butanone market will operate weakly and stably in recent days, and small drop may not be ruled out.