Demand was weak and butanone prices moved downward in late January

According to the monitoring data of the business agency, as of January 18, the average ex factory price of butanone in the domestic market was 12133 yuan / ton. Compared with the price on January 10 (the reference price of butanone was 12333 yuan / ton), the average price was reduced by 200 yuan / ton, a decrease of 1.62%; Compared with the price at the beginning of the month (the participating price on January 1 was 11533 yuan / ton), the price increased by 600 yuan / ton, an increase of 5.20%.


Azodicarbonamide (AC foaming Agent)

It can be seen from the data monitoring chart of business society that in early January, the domestic butanone market rose steadily after the new year’s day with the support of tight spot supply. On January 10, the ex factory price of domestic butanone was around 12200-12600 yuan / ton, an increase of 6.94% in the first ten days.


In the late stage, affected by insufficient demand follow-up, the overall trading atmosphere in the butanone market was cold and the mentality of the operators was frustrated. The butanone market fell for two consecutive days on November 11 and 12. Some factories successively reduced the ex factory price of butanone by 100-200 yuan / ton. The operators’ offers were mostly on the market with the line, their confidence continued to be suppressed, it was difficult to improve the enthusiasm of downstream procurement, and the actual volume was poor. On the 15th, The butanone factory in Shandong lowered the ex factory price of butanone again by about 200 yuan / ton, and then the butanone market was weak and deadlocked. As of the 18th, the ex factory price of domestic butanone was around 11800-12400 yuan / ton, and the average price was 12133 yuan / ton, a decrease of 1.62% in the late stage compared with the 10th. At present, the trading atmosphere in the butanone floor is still weak, the transaction is negotiated according to the volume, and the market news is quiet.


In terms of index, the butanone commodity index on January 17 was 131.88, unchanged from yesterday, down 1.63% from the highest point of 134.06 in the cycle (2022-01-10), and up 161.36% from the lowest point of 50.46 on March 3, 2016. (Note: the period refers to the period from November 1, 2012 to now)


Sodium Molybdate

In the upstream, according to the data monitoring of business agency, the average price of liquefied gas Civil Shandong market was 5610.00 yuan / ton on January 14 and 5380.00 yuan / ton on January 17, with a decline of 4.10% and an increase of 5.70% compared with January 1. On the 17th, the domestic liquefied gas market was mainly downward, with a significant decline in Shandong, ranging from 60-100 yuan / ton. At the weekend, the civil gas market in Shandong began to decline, and the market trading atmosphere was general. The slight rise of international crude oil has brought limited support to the market, the downstream mentality is cautious and wait-and-see, and there is no obvious pressure on refinery inventory. It is expected that the price may continue to weaken in the short term, but there is little room for decline.


Future analysis of butanone


At present, the tight spot supply of domestic butanone still plays a certain supporting role in the market. With the calm downstream demand, the butanone market has little chance of sharp price decline with the support of the supply side. The butanone datagrapher of business society believes that in the short term, the domestic butanone market is dominated by multi regional adjustment, and the sharp fluctuation of the market is limited, More attention should also be paid to the travel needs of raw materials and the follow-up of lower requirements.

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