Price Trend

According to the monitoring data of business associations, the domestic butanone market continued to rise this week. As of September 12, the overall average price of butanone market was around 9133 yuan/ton based on comprehensive quotations from several mainstream regions. Compared with September 6, the average price of butanone market rose by 1200 yuan/ton, up by 15.13%, up by 2400 yuan/ton, up by 1 September. As high as 35.64%.

II. Market Analysis

Product: Last week’s butanone market has been booming. Beginning early this week, the butanone market continues to rise steadily. The factory stock is seriously insufficient. The quotation of distributors in Shandong is 900 yuan higher than that of September 9 and September 12. Dongming Pear Tree Chemical Co. Ltd. increased its quotation by 1100 yuan/ton on September 12 after parking for 3 days at the beginning of this week (September 9). At present, the quotation for butanone is 9300 yuan/ton. At the present stage, most factories are seriously short of stock and short of stock. Most factories and distributors quote prices at pre-sale prices after 2 weeks. Short-term shortage of butanone market still exists. Factory price-stabilizing mentality has risen and spot supply has been depressed. At present, TRADERS’quotations continue to be firm. Changzhou Yeshuo Petrochemical Co., Ltd. sells butanone in stock. On September 12th, butanone is quoted at 9500 yuan/ton; Nantong Zhongkai Chemical Co., Ltd. sells butanone in advance for one week, and on September 12th, butanone is quoted at 9600 yuan/ton. At present, the price of butanone in East China is around 9300-9400 yuan/ton, while that in South China and North China is around 9200-9300 yuan/ton.

Industry chain: After the upstream raw material ether, the trend of carbon Tetra (Shandong market) tends to be stable after continuous rise, and the price has been stable due to the influence of favorable or bad factors. The price of the upstream raw material liquefied gas market is stable as a whole, and the quotations of some manufacturers fluctuate slightly. At present, the mainstream price of liquefied gas market in North China is 3450-3600 yuan/ton. About 3,470-3,900 yuan/ton is the mainstream price in Shandong liquefied gas market, and about 3,500 yuan/ton is the mainstream price in East China liquefied gas market.

Industry: According to the price monitoring of business associations, there are 17 kinds of commodities rising on September 11, 2019, which are concentrated in the non-ferrous plate (4 kinds) and the chemical plate (3 kinds). The top three commodities are pure benzene (3.42%), silver (1.62%) and pig (1.20%). There were 14 kinds of commodities falling in the ring ratio, focusing on non-ferrous (3 kinds in total) and agricultural and sideline (3 kinds in total). The first three commodities falling were eggs (-3.93%), liquefied natural gas (-0.88%) and WTI crude oil (-0.78%). The average daily rise and fall was 0.04%.

3. Future Market Forecast

Business society data analysts believe that the current shortage of butanone supply in many factories, pre-sold goods, it is expected that in late September, the butanone market will still be in a strong upward state.