The butanone market rose slightly before the Dragon Boat Festival (6.16-6.20)

According to the data monitoring of the business society, as of June 20, 2023, the reference price of domestic butanone market was 7300 yuan/ton, which was 34 yuan/ton higher than that of June 16, 2023 (7266 yuan/ton), an increase of 0.46%.

 

It can be seen from the data monitoring chart of the business community that the domestic butanone market generally saw a slight rise in the early Dragon Boat Festival (6.16-6.20). Prior to the holiday, the rebound in the carbon tetrachloride market after the ether end of the raw material provided increased cost support for butanone. The overall narrow range of the butanone market trend is approaching upward, and some butanone factories and suppliers have slightly increased the price of butanone, with an adjustment range of 50-100 yuan/ton. The downstream demand side of butanone has improved generally, and trading on the market before the holiday is cautious. As of June 20th, the domestic market price of butanone is around 7000-7300 yuan/ton, with lower prices around 6700 yuan/ton and higher prices around 7600 yuan/ton.

 

Analysis of the aftermarket of butanone

 

At present, the trading atmosphere of butanone on the market is average, and there is a strong wait-and-see sentiment. The overall trading volume of new orders in the market is limited. The butanone data analyst of the Business Society believes that in the short term, the domestic butanone market will mainly operate with stable and small movements, and the specific trend needs to pay more attention to changes in supply and demand news.

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