According to the data monitoring of the business agency, as of February 22, the average ex factory price of butanone in the domestic market was 13066 yuan / ton. Compared with the price at the beginning of the month (12500 yuan / ton on February 1), the price increased by 566 yuan / ton, an increase of 4.53%.

It can be seen from the data monitoring chart of the business agency that in February, the domestic butanone market was running warm as a whole. In the first ten days, after the Spring Festival holiday, the domestic butanone market ushered in a steady upward trend from the 8th. After the festival, the construction of butanone in the field was low, and the tight supply in the field supported the upward operation of butanone market. As of the 15th, the ex factory price of domestic butanone was around 13000-13300 yuan / ton. Compared with that before the festival, the cumulative increase after the festival was 500-800 yuan / ton, an increase of 5.87% in early February.

In late February, the tight supply side continued to support the butanone market, but the downstream demand was general, the butanone market continued to rise weakly, and the overall high-level consolidation operation was dominated. Until the 21st and 22nd, the domestic butanone market was running down in a narrow range, and the downstream demand was always cold. The light transactions on the floor depressed the confidence of the operators, and the butanone market loosened and fell. Butanone factories in some regions reduced the ex factory price of butanone by around 100-300 yuan / ton. As of the 22nd, the ex factory price of domestic butanone was around 12800-13300 yuan / ton, with an average price of around 13066 yuan / ton, It fell by 1.26% in the latter half of the year and rose by 4.53% in February as a whole. At present, the butanone plant is weak as a whole, mainly finishing and operation.

Upstream, in mid February, the liquefied gas market fluctuated frequently, and the overall civil gas market in Shandong was still dominated by weakness, with limited positive market support. Affected by weak terminal demand at the beginning of the week, prices fell significantly. Subsequently, the increase of international crude oil significantly boosted the market, Shandong civil gas stopped falling, and some manufacturers increased, but the overall range was small. In the middle of the week, due to the poor market trading atmosphere, Shandong civil gas returned to weakness again. Until the weekend, downstream market entry increased, manufacturers’ shipments improved, and prices rebounded. On February 13, the average price of liquefied gas in Shandong civil market was 5768.00 yuan / ton, and on February 21, the average price was 5396.00 yuan / ton, with a decline of 6.45% within the week.

Future analysis of butanone

At present, there is a heavy wait-and-see mood in the downstream of butanone. The mentality of some butanone holders is frustrated, and the overall atmosphere in the venue is cold. The butanone data division of the business society believes that under the influence of demand containment and the atmosphere in the venue, the possibility that the butanone market will continue to decline in the short term cannot be ruled out, and the specific trend needs to pay more attention to the follow-up of the demand side.