The butanone market was weak and fell this week (1.03-1.06)

According to the data monitoring of the business community, as of January 6, 2023, the domestic butanone market price reference was 8500 yuan/ton. Compared with January 3, 2023 (8600 yuan/ton), the price decreased by 100 yuan/ton, or 1.16%.

 

Melamine

It can be seen from the data monitoring chart of the business community that the first week (1.3-1.6) after the New Year’s Day, the domestic butanone market was generally weak and fell. This week, the downstream demand for butanone was weak, the trading atmosphere in the market was cold, and the effective support for the butanone market was insufficient. The overall focus of the market was moving downward. The overall reduction of the butanone market price was about 100-200 yuan/ton. At present, as of January 6, 2023, the domestic market price of butanone is around 8100-8500 yuan/ton, and some high-end prices are around 8700-8900 yuan/ton. The overall price difference between high and low prices in the field is large.

 

Future market analysis of butanone

 

At present, as the Spring Festival is approaching, the downstream construction of butanone is generally started, and some factories have stopped. The downstream demand side has given loose market support. Butanone data engineers from the business community believe that in the short term, the trading atmosphere in the butanone market is difficult to improve. Butanone market prices tend to be narrow and weak. More attention should be paid to major factories and changes in market news.

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