The domestic butanone market fell this week (8.1-8.5)

According to the data monitoring of business agency, as of August 5, 2022, the average ex factory price of domestic butanone market was referenced at 8333 yuan / ton. Compared with the price on August 1 (the reference price of butanone was 8533 yuan / ton), the average price decreased by 200 yuan / ton, down 2.34%. Compared with the price on July 6 (the reference price of butanone was 10533 yuan / ton), the average price decreased by 2200 yuan / ton, down 20.89%.

 

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It can be seen from the data monitoring chart of the business agency that this week, the domestic butanone market showed a downward trend as a whole. After the completion of the downstream phased procurement, this week, the trading atmosphere of butanone in the field returned to be indifferent, the downstream demand was weak, the trading atmosphere in the field showed a stalemate, and the confidence of butanone operators was insufficient. At the beginning of the week, the market price of butanone in the field was weak, and at the end of the week, the overall price of butanone in the market declined. Some butanone suppliers sold goods at a profit, and the ex factory price of butanone was reduced by 200-300 yuan / ton. As of August 5, The ex factory price of domestic butanone refers to around 8200-8400 yuan / ton. The transaction in the market is general and the transaction is not hot.

 

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On the upstream side, in the first week of August, the domestic liquefied gas market was still weak as a whole, and the civil gas market in Shandong was steadily declining. At the beginning of August, the domestic liquefied gas market continued in the off-season, the overall trend was weak, the market was hard to find, and the civil gas market in Shandong was stable and low. In terms of cost, the international crude oil market fell during the week, which brought obvious bad news to the market. In August, CP was introduced, and both propylene and butane fell sharply, which hit the domestic market mentality. On the demand side, the weather in August was hot, and the terminal demand had not been significantly improved. The downstream mainly maintained replenishment on demand, and the market trading atmosphere was poor. There are obvious negative factors in the civil market of liquefied gas, and the price remains weak. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 5626.00 yuan / ton on August 1, and 5600.00 yuan / ton on August 4.

 

Post market analysis of butanone

 

At present, the butanone market is weak as a whole, the downstream demand side is cautious, and the support is general. In terms of export, the international overall supply of butanone is relatively sufficient, so the export has not been significantly improved. The butanone data analyst of the business society believes that in the short term, the butanone market will mainly be adjusted and operated in a narrow range. The specific trend needs to pay more attention to the changes in the supply and demand side and the changes in the field environmental factors

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