According to the data monitoring of business society, as of January 10, 2022, the average ex factory price of butanone in the domestic market was 12333 yuan / ton. Compared with January 3 (the participating price of butanone was 11533 yuan / ton), the average price increased by 800 yuan / ton, or 6.94%.

It can be seen from the data monitoring chart of business society that after the new year’s Day holiday in 2022, the domestic butanone market continued to rise at the end of December. On the first day (January 4) after the holiday, the supply in the butanone field was still tight, and the offer price of butanone factory rose strongly, with a single day increase of about 200-300 yuan / ton. Then the market continued to rise. The spot in the field was scarce and the sentiment of reluctant to sell was strong, The focus of on-site trading is significantly upward, at a high price, and the downstream order receiving capacity is limited. Follow up is cautious, mainly through negotiation on demand, and the actual order transaction is limited. As of January 10, the ex factory price of domestic butanone was around 12000-12500 yuan / ton, and the average price was 12333 yuan / ton. Compared with the fourth day, the average price after the festival was increased by 800 yuan / ton, an increase of nearly 7%.

In terms of index, the butanone commodity index on January 10 was 134.06, unchanged from yesterday, hitting a record high in the cycle, up 165.68% from the lowest point of 50.46 on March 3, 2016. (Note: the period refers to the period from November 1, 2012 to now)

Upstream, in January, the domestic liquefied gas market ushered in a collective rise. Shandong region generally pushed up sharply, with an obvious range. As of January 10, the price of civil gas in Shandong rose to above 5500 yuan / ton. The good start of the market is mainly driven by international crude oil. The continuous rise of international crude oil after new year’s day has brought obvious support to the liquefied gas market. In addition, Saudi Aramco’s CP price was introduced in January. Although propylene butane fell, the decline was less than expected, which also gave a certain boost to the domestic market. In addition, there is a certain replenishment demand in the downstream after the festival, the enthusiasm for entering the market is high, the manufacturers ship smoothly, the inventory is mostly at a low level, and the prices rise one after another.

Future analysis of butanone

At present, the downstream demand of the domestic butanone market has weakened, and the trading atmosphere shows a stalemate. The butanone datagrapher of the business society believes that in the short term, the butanone market continues to rise, the power is insufficient, the market is mostly subject to narrow fluctuation and adjustment, and more attention needs to be paid to the basic changes in the supply and demand of butanone.