According to the data monitoring of the business agency, as of January 7, the reference price of domestic butanone market was 7283 yuan / ton. Compared with the price of 7500 yuan / ton on January 1 at the beginning of the month, the price decreased by 217 yuan / ton, or 2.89% after the festival. Compared with the price of 7700 yuan / ton on December 1, 2020, the average price decreased by 417 yuan / ton, or 5.41%.

After new year’s day, new orders in domestic butanone market are rare, and the market is loose and falling / strong > 0

Before the new year’s day, the butanone market has been in a low consolidation state. After the new year’s day, the trading atmosphere of butanone market has not improved, the phased purchase has ended, the shipment in the secondary market has begun to slow down, the transaction of new orders for butanone is rare, and the operation rate of downstream terminal manufacturing industry of butanone has been declining, and the demand has been continuously reduced after the new year’s day, so the offer price of butanone market has begun to loosen. At present, the butanone market in South China is weak, with the factory reference price of butanone around 7100-7500 yuan / ton down by about 150 yuan / ton in seven days; the market of butanone in North China is loose, with the factory reference price of butanone around 7000-7300 yuan / ton down by about 300 yuan / ton in seven days; the market of butanone in East China is down, with the factory reference price of butanone around 6850-7300 yuan / ton Within seven days, it will be reduced by about 150 yuan / ton.

As of January 7, the reference price of domestic butanone market was 7283 yuan / ton, which was 217 yuan / ton lower than that at the beginning of the month (7500 yuan / ton on January 1) and 2.89% lower than that at the end of the festival. Compared with the reference price of 7700 yuan / ton on December 1, 2020, the average price was 417 yuan / ton lower, which was 5.41%.

Internationally, on January 6, the price of WTI crude oil futures market in the United States rose, with the settlement price of the main contract at US $50.63/barrel, up US $0.70. Brent crude oil futures market prices rose, the settlement price of the main contract at 54.30 U.S. dollars / barrel, or 0.70 U.S. dollars. Oil prices continued to push up on Wednesday, with WTI rising above the $50 mark, mainly because US crude oil inventories fell by 8 million barrels for the fourth consecutive week, according to data released by the US Energy Information Administration (EIA).

Butanone’s future is closely related to demand, pay more attention to the volume of new orders in the market

At present, as of July 7, the overall inventory of domestic butanone factories is acceptable, and the market remains cold. The specific future trend is closely related to whether the downstream demand can increase before the Spring Festival. Therefore, the future trend of butanone needs to pay more attention to the market volume.