According to data monitoring by Business Society, as of March 22, 2024, the domestic market price of butanone was referenced at 8066 yuan/ton. Compared with March 17, 2024 (reference price of butanone was 8233 yuan/ton), the price decreased by 167 yuan/ton, a decrease of 2.02%.

Entering late March, the domestic butanone market has shown a weak downward trend. Entering this week, the decline of butanone has intensified. Under the influence of insufficient demand, the overall negotiation focus of the butanone market continues to move towards a low level, and the low price of butanone in Shandong has fallen below 8000 yuan/ton. At present, the trading atmosphere on the butanone exchange is quiet, new inquiries are relatively light, the mentality of operators is average, and the overall pace of market shipments is slow. As of March 22, the domestic market price of butanone is based on around 7800-8400 yuan/ton, with a price reduction of 100-300 yuan/ton within five days.

Market analysis of butanone

At present, the effective support on the butanone market is limited, and the overall supply and demand circulation in the South and East China markets is weak. Downstream caution and wait-and-see sentiment are strong. Business Society butanone data analysts predict that in the short term, the domestic butanone market will mainly adjust and operate in a narrow range, and the specific trend still needs to pay more attention to the specific news changes on the supply and demand side.