Butanone prices rose by more than 6% in a single day under export support

According to the data monitoring of the business agency, as of April 14, the average factory price reference of domestic butanone market was 8666 yuan / ton. Compared with the previous working day (the reference average price of butanone on the 13th was 8166 yuan / ton), the average price increased by 500 yuan / ton, or 6.12% in a single day; compared with the reference average price of butanone on the 1st (8033 yuan / ton), the average price increased by 633 yuan / ton, or 7.88%.

 

Butanone rises in half month with export support

 

Before the Qingming Festival, the domestic butanone market rose slightly, the transaction atmosphere of butanone market was low, the purchase of downstream factories was difficult to improve, and the overall inventory pressure of domestic factories remained unchanged. After the Qingming Festival, the butanone market continued to rise slightly, but the market transaction atmosphere was still tepid, and the domestic downstream demand continued to be cold. On August 9, the butanone price fluctuated downward, and then the market continued to be weak.

 

Until Monday (12th), butanone export gave some support to the market, butanone market began to rise, the market transaction atmosphere improved, and the overall inventory pressure of domestic factories decreased. On the 14th, affected by the parking of butanone factories in East China and the support given by the continuous increase in exports, the spot supply of butanone in the yard was tight, and the ex factory price of butanone rose sharply, and a certain factory in Shandong Province The factory’s ex factory price of butanone rose to 8800 yuan / ton, 7000 yuan / ton higher than that on the 12th of the week. At present, the phenomenon of market closure is increasing. On the 14th, the factory price reference of domestic butanone was around 8500-9000 yuan / ton, and the average price reference was 8666 yuan / ton. Compared with the 13th, the daily increase was more than 6%, and compared with the beginning of the month, the cumulative increase in half a month was 7.88%.

 

According to the business news agency, the following is the reference price of butanone in some parts of China in April

 

The price of products rose and fell from April 1 to April 14

Butanone: RMB 7800-8000 / T RMB 8800-8900 / T + 1000

Butanone: RMB 8000-8300 / T RMB 8800-9000 / T + 800

Butanone market is mainly stable in the short term and still has action power in the long term

 

At present, the recovery of domestic butanone terminal downstream is still relatively slow, and the operating rate of downstream factories is low as a whole. Butanone prices are mainly supported by exports, while domestic downstream support is weak. At present, butanone factories pay more attention to export orders. Therefore, butanone analysts of business society predict that the probability of butanone market prices to continue to rise sharply in the short term is small, and most of them will maintain high and stable operation until April At the end of the month and the beginning of May, the downstream entity manufacturing industry recovered on a large scale, the time to stimulate domestic demand for butanone came, the action power of butanone market increased, and the market price is expected to rise again.

PVA