According to the data monitoring of business news agency, as of June 30, the average factory price reference of domestic butanone market was 8100 yuan / ton. Compared with April 1 (reference price of butanone was 8033 yuan / ton), the average price increased by 33 yuan / ton, or 0.83%.
According to the data monitoring chart of butanone in the second quarter of 2021, the domestic butanone market had experienced a sharp rise in the second quarter of 2021. The main reason for the sharp rise in the market came from the favorable support of reduced supply brought by equipment maintenance. At the end of March and the beginning of April, the main domestic butanone factories were overhauled and the spot supply of butanone was tight. With the decrease of supply, the market price began to rise steadily at the beginning of April. The market price of butanone continued to rise to the middle of May. On May 16, the reference average price of butanone was 9400 yuan / ton. Compared with the beginning of April, the average price rose 1433 yuan / ton, or 18%. However, since late May, the price of butanone began to fall, mainly due to the fact that the factories started to drive one after another and the supply increased, the market mentality was frustrated, the butanone holders also had great panic, the high end of butanone began to worry, the bearish mentality of the industry increased, and the price of butanone began to fall gradually.
In June, the butanone market continued to decline sharply. Under the imbalance of supply and demand, the contradiction between supply and demand gradually intensified, and the market began to show signs of bidding. The price fell all the way below the price at the beginning of April. On June 16, the reference average price of domestic butanone was 7700 yuan / ton, which was 333 yuan / ton lower than the price at the beginning of April, a decrease of 4.15%. Near the end of the month, affected by the maintenance of butanone equipment in Lanzhou and other regions in the next July and August, the spot supply of butanone began to be tight at the end of June, and the market price began to rise at the end of the month. As of June 30, according to the data monitoring of the business agency, the average factory reference price of domestic butanone was 8100 yuan / ton, which was 400 yuan / ton higher than the low price in the middle of June, Compared with the high price of butanone market since the second quarter (the reference price of butanone is 9400 yuan / ton), the average price has decreased by 1300 yuan / ton, or 14.44%. Compared with the beginning of the second quarter (the reference price of butanone is 8100 yuan / ton), the average price has increased by 33 yuan / ton, or 0.83%.
On the upstream side, in June, the overall LPG market in Shandong Province went up in shock. According to the monitoring data of the business community, the reference price of LPG on June 30 was 4283 yuan / ton, up 3.38% compared with that on June 1 (4143.33 yuan / ton).
Future market analysis of butanone
At the end of June, the butanone market was in short supply. In July, the maintenance of butanone equipment in Lanzhou and Shandong continued. In the short term, the market supply could not be effectively alleviated. Therefore, the butanone Data Engineer of business society believes that after entering July, the domestic butanone market will continue to rise at the end of June, and the market price is expected to continue to rise.
| PVA |