The overall weakness of butanone market after the National Day went down

According to the data monitoring of the business community, as of October 12, 2022, the reference of the average ex factory price of domestic butanone market was 9400 yuan/ton. Compared with the price on September 30 (the reference price of butanone was 9900 yuan/ton), the average price decreased by 500 yuan/ton, or 5.05%.

 

PVA 1788 (PVA BP17)

It can be seen from the data monitoring chart of the business community that after the National Day holiday in October, the domestic butanone market overall showed a weak downward trend. Back after the festival, driven by the continuous rise of international crude oil prices, the butanone industry has a good attitude after the festival, and some of them are not willing to give up. However, due to the general demand for butanone before the festival and the sales pressure of some factories and operators after the festival, the market price generally declined in a narrow range after the festival. In addition, the downstream demand is cautious after the festival, and the demand side also restricts the butanone market. Therefore, the overall butanone market is weak after the festival. As of October 12, there was a large difference between high and low prices in domestic butanone market. The market price was around 9000-9800 yuan/ton. Compared with that before the festival, the price decreased by 400-600 yuan/ton.

 

PVA

On the upstream side, after the festival, the domestic market of liquefied gas for civil use in Shandong Province showed an overall upward trend. According to the data monitoring of the business community, the reference price of liquefied gas was 5604.00 on October 11, up 2.71% compared with October 1 (5456.00).

 

Future market analysis of butanone

 

At present, the downstream demand of butanone is average, and the supply and demand transmission is relatively slow. Although the raw material side has given butanone some cost support, it has not improved the current environment in the butanone market, and the overall trading and investment atmosphere in the market is relatively flat. Butanone data experts from the business community believe that in the short term, the domestic butanone market will mostly adjust its weak range, and the specific trend needs to pay more attention to the specific information changes on the supply and demand side.

http://www.pva-china.net

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