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Business agencies: tight supply, August initial butanone market rose 7.27%

author:Seisha

Business Society

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According to the monitoring of business agency data, as of August 4, the average price of the domestic butanone market was 9833 yuan / ton, compared with August 1 (butanone reference price of 9166 yuan / ton), the average price was raised by 667 yuan / ton, an increase of 7.27%, compared with the price of July 5 (butanone reference price of 8433 yuan / ton), the average price was raised by 1400 yuan / ton, an increase of 16.60%.

Business agencies: tight supply, August initial butanone market rose 7.27%

Entering August, the domestic butanone market rose sharply. At present, domestic shipping, water transport, land transport are very strict requirements, transportation is relatively limited, coupled with August, butanone operating rate decline, Lanzhou area butanone plant maintenance, low output, transportation restrictions, into August, butanone market shows a tight supply situation, the supply gap appears, butanone prices also began to rise in early August, as of August 4, the domestic butanone market price reference in 9500-10500 yuan / ton, compared with the first day of the month, the price increased by 500-1000 yuan / ton nearby, According to the data monitoring of the business agency, the average price of the domestic butanone market is 9833 yuan / ton, compared with the beginning of the month, the average price is raised by 667 yuan / ton, an increase of 7.27%.

Business agencies: tight supply, August initial butanone market rose 7.27%

Upstream, in July, the price of Shandong's civil gas market climbed, and the off-season market was not weak. According to the data monitoring of the business agency, the average price of liquefied gas in the Shandong market on July 1 was 4326.67 yuan / ton, and the average price on July 31 was 4550.00 yuan / ton, an increase of 5.16% in July. In July, affected by seasonal factors, due to the high weather temperature and weak terminal demand, the liquefied gas civil market was in the traditional sales off-season, but this year's July staged an off-season market, and the Shandong civil gas market stood firmly upward. There are more favorable factors in the liquefied gas market in July, and at the end of June, with the introduction of CP prices in July, propanthane rose significantly, and the price of imported gas rose. And the international crude oil price is at a high level, coupled with the supply side, some manufacturers in the Shandong market equipment maintenance, the market supply has decreased, multiple favorable factors, supporting the liquefied gas market higher. However, the market bearish factors still exist, the terminal demand under the off-season factor is weak, which brings a certain restraint to the upward route, the downstream first half of the month into the market enthusiasm is general, the second half of the month is more positive, but the overall demand has not improved significantly.

Butanone post-market analysis

At present, the overall performance of the domestic butanone market is still in short supply, so the business company butanone data analysts believe that in August, the domestic butanone market will be dominated by high and firm operation.

Business agencies: tight supply, August initial butanone market rose 7.27%

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