According to the data monitoring of the business agency, as of September 11, the average ex factory price of domestic butanone market was 5833.33 yuan / ton. Compared with the price on September 7, the average price of butanone decreased by 333 yuan / ton, a decrease of 5.41%, and a decrease of 383 yuan / ton or 6.17% compared with September 1.
This week, the domestic butanone market was cold and the decline was not shallow
The overall domestic butanone market fell this week. The atmosphere of market inquiry was general. The downstream purchasing was not active. The market was cold. The overall demand was low and the supply was slightly more. The manufacturers were tight in maintaining the just needed purchase, and there were few restockers. In terms of exports, the impact of international public events weakened exports and increased domestic trade pressure. At present, as of the 11th, the number of closed orders increased. The mainstream transaction price of butanone in East China was 5700 yuan / ton, down 300 yuan / ton compared with last week; the market in South China fell coldly, with the mainstream transaction price at 6100 yuan / ton, down 150 yuan / ton compared with the beginning of the month; the weakness of North China saw the mainstream transaction price of butanone at 5700 yuan / ton, down 100 yuan / ton compared with last week.
Price quotation of butanone in some areas of China (for reference only)
Regional product specifications up and down 9 / 1 9 / 11
South China butanone purified water delivery: 6300 yuan / ton: 6000 yuan / ton – 300 yuan
East China butanone purified water storage 6150 yuan / ton 5800 yuan / ton – 350 yuan
North China butanone purified water delivery: 5800 yuan / ton 5600 yuan / ton – 200 yuan
On the upstream side, in September, when entering the traditional sales peak season, the LPG civil market did not show an upward trend, but fell. The reasons are as follows: first, demand. With the arrival of autumn, the temperature gradually drops, the weather turns cool, and the terminal demand is expected to grow. However, due to the current market situation, the terminal consumption is still weak, most of the downstream purchasing capacity is insufficient, and the shipping atmosphere of manufacturers is not good. Secondly, with the introduction of Saudi Aramco’s CP price in September at the end of August, although there was an increase, the increase was significantly lower than expected, which provided limited support to the market. Third, affected by the upstream international crude oil, due to the slowdown of economic recovery, expected warming, weak fuel demand and the impact of Saudi Arabia’s oil price adjustment. According to monitoring, in the week of September 4, oil prices fell for three consecutive days, and the WTI fell by nearly 7%. Crude oil pressure downward, news negative liquefied gas market. At present, the supply of liquefied gas market has little change, and the output is relatively sufficient. As a result, the civil market of liquefied gas did not rise but fell. According to the data monitoring of the business agency, the average price of LPG in Shandong market was 3200.00 yuan / ton on September 1, and 3043.33 yuan / ton on September 10, a decrease of 4.9% during the period.
Heard that Shandong factory has parking expected to reduce production capacity, down the business or support the market
At present, the domestic butanone market is mainly stable for the time being, and the fatigue still exists. The industry has a strong wait-and-see mood. The South China shippers have a heavy bearish mentality, showing a weak trend. It is expected that the butanone market may have further decline risk in the short term.