The recent overall rise in the butanone market (9.8-9.13)

According to data monitoring by Business Society, as of September 13, 2023, the domestic market price of butanone was set at 8566 yuan/ton. Compared with September 8, 2023 (reference price of butanone was 8216 yuan/ton), the price increased by 350 yuan/ton, an increase of 4.26%.

 

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From the data monitoring chart of the Business Society, it can be seen that in the recent period (9.8-9.13), the domestic butanone market has shown an overall upward trend. Jin Jiu is expected to arrive. As we enter September, the overall focus of the domestic butanone market continues to move upwards. Currently, the trading atmosphere in the butanone market is good, and downstream demand is driven by the upcoming National Day and Mid Autumn Festival. The overall stock is good, and the demand side provides stronger support for the butanone market. The cost side is stable, and the cost support for butanone is also stable. The overall supply and demand transmission in the butanone market is smooth, and there is no pressure on the supply side, Butanone factories and suppliers are actively increasing the price of butanone, with a cumulative increase of around 200 to 500 yuan/ton within seven days. As of September 13th, the domestic market price of butanone is around 8300-8900 yuan/ton, with sporadic high end prices exceeding 9000 yuan/ton.

 

Analysis of the aftermarket of butanone

 

At present, new orders on the butanone market are trading well, the pace of downstream stocking has been boosted, the overall market atmosphere is warm, and the mentality of the business owners is firm. The butanone data analyst from the Business Society believes that in the short term, the domestic butanone market will mostly operate stronger, and the specific trend still needs to pay more attention to the changes in supply and demand interest rates.

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