Demand drags down butanone Market price

According to the data monitoring of business agency, as of October 23, the average ex factory price of domestic butanone market was 6566.67 yuan / ton. Compared with the price on October 19, the average price decreased by 100 yuan / ton, or 1.50%; compared with the price on October 1, the average price increased by 400 yuan / ton, an increase of 6.49%; and the maximum amplitude from October 1 to October 22 was 8.11%.

 

PVA

Domestic butanone market fell slightly this week

 

Since the beginning of this week, the overall domestic butanone market has been running steadily at a high level. The overall inventory of domestic factories is generally general, and there are not many new orders in the market. The previous orders have been successively executed. The confidence of the industry is still good, and the butanone market is running smoothly. Until the 22nd, the domestic butanone market showed a slight negative decline, and the butanone market in North China was weak and fell. The reference of butanone ex factory price was 6400-6600 yuan / ton, while that of East China was loose and downward. The ex factory price reference of butanone was 6400-6500 yuan / ton. The market of butanone in South China was temporarily stable, with the ex factory price of butanone at 6600-6700 yuan / ton. According to the data monitoring of the business agency, as of October 23, the average ex factory price of domestic butanone market was 6566.67 yuan / ton. Compared with the price on October 19, the weekly average price of butanone decreased by 100 yuan / ton, or 1.50%.

 

On the upstream side, on October 21, the domestic LPG market in Shandong was mainly stable, with some rising slightly. At present, the mainstream transaction price was maintained at around 3050-3100 yuan / ton, and the market trading atmosphere was good. Lower reaches of the market enthusiasm is good, manufacturers shipping smoothly.

 

In terms of crude oil, on October 22, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts at $40.64/barrel, up $0.61. Brent crude oil futures market prices rose, the main contract settlement price to 42.46 US dollars / barrel, up 0.73 US dollars. International oil prices rose on Thursday, boosted by the U.S. fiscal stimulus plan, but at the same time, concerns about slowing fuel demand triggered by the epidemic limited the rise in oil prices, which failed to recover the decline of the previous trading day.

 

Few new orders, more attention to inventory

The short-term operation of butanone is expected to be low

http://www.pva-china.net

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