According to the data monitoring of the business community, as of November 4, 2022, the domestic butanone market price reference is 8700 yuan/ton, which is 200 yuan/ton higher than the price on October 30 (8500 yuan/ton), or 2.35% higher.

It can be seen from the data monitoring chart of the business community that this week (10.31-11.04), the domestic butanone market overall showed a slight upward trend. The driving force supporting the small upward trend of domestic butanone market mainly comes from the following two aspects:

On the one hand, in terms of cost, the post C4 market of raw material ether has been running steadily upward since the middle of October, and the cost side has gradually strengthened its support for butanone. The quotations of butanone manufacturers are mostly stable or slightly increased.

Second, in terms of supply, in October, the overall performance of butanone export was good. In November, the domestic spot supply was controllable, and the overall supply side pressure was small, supporting the market to rise slightly.

As of November 4, the domestic market price of butanone is around 8500-9000 yuan/ton, and the weekly price increase is about 200-400 yuan/ton.

Future market analysis of butanone

At present, after the butanone market rose slightly, the trading volume was average, the overall performance of the demand side was poor, and the trading atmosphere in the market was light. The butanone data engineer of the business community believed that in the short term, the upward momentum of the butanone market continued to be limited, and the market mostly focused on the range consolidation operation, and more attention should be paid to the specific information changes on the supply and demand side.