According to the monitoring data of the business agency, as of November 9, the reference average ex factory price of butanone in the domestic market was 10266 yuan / ton, which was basically the same as that on November 7; Compared with November 1 (the reference average price of butanone was 10333 yuan / ton), the average price was reduced by 67 yuan / ton, a decrease of 0.65%.

In November, the supply of domestic butanone market was tight to support the market, but the demand side was always general. At the beginning of the month, the domestic butanone market continued to push up, which was weak. On the 3rd, the quotation of individual butanone factories decreased slightly, with a downward range of about 200 yuan / ton. Subsequently, butanone factories in Shandong increased the ex factory price of butanone slightly, and the overall butanone market corrected slightly.

On the 8th of this week, the butanone market operated steadily as a whole. The inventory of butanone market was still tight, the improvement of downstream procurement enthusiasm was limited, the trading atmosphere on the floor was quiet, and the cargo holders operated according to the market and negotiated according to the actual order and quantity. On the 9th, the butanone factory had less shipping pressure, the factory quotation remained strong, the overall trading atmosphere in the market was general, and the downstream small orders were mainly followed up. As of September 9, the butanone market in Shandong had been consolidated and operated. The ex factory price of butanone was around 10100-10300 yuan / ton, the ex factory price of butanone in South China was around 10200-10500 yuan / ton, the ex factory price of butanone in Jiangsu was around 10100-10400 yuan / ton.

According to the business agency, the following are the reference prices of butanone market in some parts of China in November

product region November 9

Butanone Shandong 10100-10300 yuan / ton

Butanone south China 10200-10500 yuan / ton

Butanone Jiangsu 10100-10400 yuan / ton

In the upstream, according to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 5424.00 yuan / ton on November 5 and 5500.00 yuan / ton on November 8, up 1.40% from last Friday and 4.30% from October 1. On August 8, the Shandong civil gas market remained stable on the whole. At the weekend, some manufacturers slightly increased the ex factory quotation according to their own situation, but the overall fluctuation range was limited. At present, the mainstream transaction price of Shandong civil appliances is 5350-5400 yuan / ton, and the downstream maintains replenishment on demand. The manufacturers’ shipment is relatively positive, and the overall transaction atmosphere in the market is mild. It is expected that the price will be strong in the short term, or mainly in a narrow range.

Internationally, on November 8, the international oil price rose. The settlement price of the main contract of WTI crude oil futures in the United States was US $81.93/barrel, up US $0.66 or 0.8%, and the settlement price of Brent crude oil futures was US $83.43/barrel, up US $0.69 or 0.83%. The sustained global economic recovery supports energy demand, and the current supply performance is insufficient.

Future analysis of butanone

At present, the improvement of transactions in the domestic butanone market is limited. Therefore, the butanone analysts of business society expect that the domestic butanone market will still maintain consolidation and operation in the short term. The specific future trend also needs to pay more attention to inventory and downstream demand.