According to the data monitoring of SunSirs, as of July 25, 2023, the average ex-factory price of butanone in the domestic market is referenced at 8,266 yuan/ton, compared with July 1 (the ex-factory price of butanone is referenced at 10,100 yuan/ton) , the average price was lowered by 1,834 yuan/ton, a drop of 18.15%. Compared with June 25 (the ex-factory price of methyl ethyl ketone refers to 10,766 yuan/ton), the average price was lowered by 2,500 yuan/ton and the price was basically the same.
From the data monitoring chart of SunSirs, it can be seen that since July, the domestic butanone market has been running downwards as a whole. At the beginning of July, the domestic butanone market had a short period of strong operation, but due to the constraints of downstream demand, the butanone market has been declining since the middle and early July, and the transmission of supply and demand was blocked. With strong support, the market price continues to move closer to the low end. As of July 25, the low-end price of the domestic butanone market referenced around 8,200 yuan/ton, a drop of more than 18% compared with the beginning of the month. At present, the wait-and-see atmosphere in the butanone market is still trading, and the downstream wait-and-see sentiment still exists.
In terms of upstream, From July to now (July 1-7.24), the domestic liquefied gas market in Shandong has shown an overall decline. According to data monitoring from SunSirs, on July 22, the reference price of liquefied gas was 5744 yuan / ton, compared with July 1 (5890 yuan / ton), a decrease of 2.48%.
Market Analysis of Butanone
Currently, the butanone market is weakly organized and running, and the support performance of the raw material side is average. The butanone data analyst of the business agency believes that in the short term, the domestic butanone market will mainly adjust and operate within a narrow range, and more attention needs to be paid to the details Fundamental changes in the supply and demand of methyl ethyl ketone.
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