According to the data monitoring of the business community, as of December 2, 2022, the domestic butanone market price reference was 8800 yuan/ton, compared with November 28 (the butanone reference price was 8866 yuan/ton), the average price decreased by 66 yuan/ton, or 0.75%. As of December 2, the domestic butanone market price is around 8400-9100 yuan/ton.

It can be seen from the data monitoring chart of the business community that this week (11.28-12.02), the overall domestic butanone market fell slightly. This week, due to transportation and other factors in Wuhan, the overall adjustment of butanone market price was not significant. The butanone market price in Shandong decreased slightly by about 100 yuan/ton, while the focus of the butanone market in Jiangsu decreased by about 200 yuan/ton. The main factors influencing the decline of butanone market come from the following two aspects:

In terms of cost: the cost support for butanone given by the C4 market downturn after the recent raw material ether is loose. After the cost benefit is weakened, the overall market price of butanone is weak and downward.

In terms of demand, the downstream factory started to operate at a low level, the demand for butanone continued to be cold, the demand support was insufficient, and the overall butanone market was dominated by downward movement.

Future market analysis of butanone

At present, the support for butanone from both the raw material side and the demand side is relatively loose. The relatively effective support for butanone in the market generally comes from the relatively controllable inventory at the supply side, but there is no demand as an effective support, and the road to a strong market is still difficult. Butanone data experts from the business community believe that in the short term, the domestic butanone market tends to be narrow and weak, mainly adjusting the operation, and more attention should be paid to the changes in the information on the supply and demand side.