According to the data monitoring of the business agency, as of January 31, the average factory price reference of domestic butanone market was 6866 yuan / ton. Compared with the price on January 25 (the reference price of butanone was 6666 yuan / ton), the average price increased by 200 yuan / ton, or 3.0%. Compared with the price at the beginning of the month (the participating price was 7500 yuan / ton on January 1), the price decreased by 633 yuan / ton, or 8.44%.

At the end of January, the domestic butanone market experienced a slight upward trend after shock adjustment

January is really cold for the domestic butanone market, just like the weather in Northeast China. The butanone market began to fall all the way from the beginning of the month to the end of the month. Since the 24th and 25th, some domestic butanone factories and their holders’ quotations have been adjusted in a volatile way. The market has been fluctuating. The rise is mainly due to the smooth delivery of goods after the price reduction of Shandong large factories in the early stage On the 25th, the factory increased the ex factory quotation of butanone to 6700 yuan / ton by 300 yuan / ton. The decline was mainly due to the second-class cargo holders. The spot inventory was eager to ship, and they sold olive branches one after another, with a decrease of 200 yuan / ton. Then, the new orders in the market increased slightly, and most of the purchases were just needed before the festival. On the 27th and 28th, the domestic butanone market rose as a whole. After digesting the inventory in the early stage, the overall inventory pressure of domestic factories was not big, and the offer price of butanone factories increased, with an upward adjustment On January 31, the average factory price of domestic butanone market was 6766 yuan / ton. Compared with the price on January 25 (reference price of butanone was 6666 yuan / ton), the average price increased by 100 yuan / ton, or 1.50%. So far, the butanone market, which has been declining for nearly a month, finally ushered in a small rise in the end of January.

On the upstream side, in late January, the LPG civil market is on the way to decline. According to the data monitoring of business society, the average price of LPG civil market in Shandong was 4150 yuan / ton on January 15, and 3633.00 yuan / ton on January 29. From January 15 to 29, the average price of LPG civil market in Shandong has been reduced by nearly 600 yuan / ton, with a decline rate of 14%. The main reason for the decline is that the price of LPG civil market in Shandong has been reduced by 14% In terms of international crude oil, since January 15, the trend of international crude oil is not clear. During this period, it mainly fell in shock, which is difficult to support the LPG market. Secondly, in terms of demand, the northern market is affected by social and public health events, the demand has declined, and transportation in some areas is limited, which brings some resistance to the market. Under the mentality of buying up but not buying down in the downstream, the market entry is rare, the market transaction atmosphere is weak, the manufacturers’ shipment is blocked frequently, and the ex factory prices are falling one after another, which stimulates the downstream to purchase in the market. But the effect is not good, downstream market enthusiasm is limited, manufacturers in inventory pressure, forced to drop factory prices, market weakness.

Just need to replenish butanone market more stable finishing operation

At present, the butanone market is mainly in stable operation, transportation is gradually limited, and downstream replenishment is just needed. It is expected that the domestic butanone market will be mainly in stable operation in the early spring festival.