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According to the data monitoring of the business agency, as of June 8, the average price of the domestic butanone market was referenced at 8,000 yuan / ton, compared with the price on June 1, the average price was reduced by 800 yuan / ton, a decline of 9.09%, compared with the price on May 1, the average price was lowered by 933 yuan / ton, a decline of 10.45%.
In May, the domestic butanone market rose sharply and then gradually fell back.
Supply and demand imbalance Butanone market fell more than 9% in eight days
Entering June, the overall trading of the domestic butanone market continued the cold atmosphere at the end of May, and the overall weak finishing operation of the market was mainly. Starting on the 7th, the factory price of butanone in Shandong region was greatly reduced, near the reduction of 1000 yuan / ton, the low-end quotation of butanone in Shandong fell to 7600 yuan / ton, the market fell sharply downward to affect the mentality of the industry, the downstream wait-and-see mood increased, only to maintain just need to purchase, the transaction volume is small, and the market can supply the supply increase. Subsequently, on the 8th, the butanone market in Jiangsu also weakened and fell, with a downward range of 200-500 yuan / ton. At present, the overall performance of the butanone market has an imbalance between supply and demand, and the industry is cautious and wait-and-see. As of the 8th, the domestic butanone factory price reference is near 7600-8300 yuan / ton, the average price reference is 8000 yuan / ton, compared with the price on June 1, the average price is reduced by 800 yuan / ton, a decline of 9.09%.
According to the business company, the following is the reference price of butanone in some parts of the country in June
Upstream, in June, the domestic Shandong liquefied gas market rose first and then fell, and the overall decline was slight. On June 3 and 4, the market price in Shandong region rose slightly and then stabilized. On the 7th and 8th, the market price declined. At present, as of June 8, the civil market of liquefied gas in North China is weakly consolidated, and the local adjustment has been reduced, and the market transaction atmosphere is general; the civil market of liquefied gas in Shandong is steadily downward, the market transaction atmosphere is moderate, the current manufacturer inventory is at a controllable level, and there is no obvious pressure on the manufacturer. According to the data monitoring of the business agency, on June 8, the reference price of liquefied gas was 4126.67 yuan / ton, compared with June 1 (4143.33 yuan / ton), a decrease of 0.40%.
Butanone may still fall in the market
From the current point of view, the increase in the supply of butanone market has not been effectively alleviated in the short term, mainstream factories have been started, the overall operating rate is high, the game between supply increase and insufficient demand is still continuing, and the concerns of butanone industry are also increasing. Therefore, the business company butanone analysts believe that in the short term, the domestic butanone market will continue to run weakly, and it is not ruled out that some areas will continue to decline slightly.