According to the data monitoring of the business agency, as of May 17, the average factory price reference of domestic butanone market was 9466 yuan / ton, which was 533 yuan / ton higher than that of May 4 (8933 yuan / ton), an increase of 5.97%.
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After the festival, butanone rose 6% in half a month
After the May Day holiday, the domestic butanone market rose slightly on the first day of construction. On the 6th and 7th, the offer price of butanone factory rose by 200-300 yuan / ton. Factory closures are now higher than before. In May, the operating rate of domestic butanone factories was always low, which was also the main factor for the steady increase of butanone price since the beginning of May. The tight supply on the floor gave butanone price upward momentum. The domestic downstream demand for butanone was mostly just demand. The export orders also gave butanone some support. Some butanone factories continued to be tight in stock. On the 13th of the middle of the month, the domestic demand for butanone was mostly just demand, The quotation of butanone plant rose slightly again, with an increase of 200-400 yuan / ton.
At present, the domestic supply of butanone is still insufficient. The resumption of Northwest maintenance plant is delayed for several days, which stimulates the market. The domestic butanone market offers are mainly firm. As of the 17th, the market performance of butanone in South China was strong, with the mainstream ex factory price of 9650-9750 yuan / ton. The market situation of butanone in East China was stable, with the mainstream ex factory price of 9350-9450 yuan / ton. The market situation of butanone in North China was stable, with the mainstream ex factory price of 9150-9250 yuan / ton.
According to the business news agency, the following is the reference price of butanone in some parts of China in May
product region May 1st May 17th Up and down
Butanone East China 8900 yuan / ton 9400 yuan / ton + five hundred
Butanone south China 9200 yuan / ton 9700 yuan / ton + five hundred
Butanone North China 8700 yuan / ton 9200 yuan / ton + five hundred
Increase of butanone market in the later stage of construction to save downside risk
At present, the high price of butanone is mainly supported by the shortage of supply. In late May, if some parking factories will start up smoothly, the shortage of spot butanone market will be alleviated, and the support point of high market price will be weakened. Therefore, butanone analysts of business community believe that in late May, when the supply tension is relieved, the butanone market may have downward risks.
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