According to the monitoring data of the business agency, as of July 7, 2022, the average ex factory price of butanone in the domestic market was 10500 yuan / ton. Compared with June 30 (the ex factory price of butanone was 10100 yuan / ton), the average price increased by 400 yuan / ton, or 3.96%.
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It can be seen from the data monitoring chart of the business agency that the domestic butanone market ushered in a rising market in early July. On the first two days of July, the domestic butanone market was dominated by stable consolidation and operation. On the fourth and fifth days, driven by the rise in international crude oil prices, the confidence of domestic butanone operators increased, and the quoted price of butanone increased steadily, with a cumulative increase of 200-500 yuan / ton within two days. Then, the market was relatively strong and operated steadily. The downstream demand continued to be dominated by rigid demand, the demand side was generally boosted, and the supply and demand side of butanone showed a stalemate. On the seventh day, The market price of butanone in some domestic regions has been reduced by 100 yuan / ton. At present, as of July 7, the domestic butanone participation price is around 10400-10600 yuan / ton. At present, the trading atmosphere on the floor is general, and the decline in the international crude oil price affects the mentality of the industry, so most transactions are negotiated.
In the upstream, in July, the overall price of domestic liquefied gas market was more strong, and the civil gas market in Shandong was higher, but the fluctuation range was relatively limited. Recently, the international crude oil price has fluctuated and risen, and the cost side has brought some support to the market. The downstream maintains the replenishment on demand, the market trading atmosphere is general, and there is no pressure on the production and sales of manufacturers in Shandong market. However, due to seasonal factors, the continued high temperature in some regions has not significantly improved the terminal demand, which has significantly restrained the market and limited the range of price fluctuations. According to the monitoring data of business agency, the average price of liquefied gas in Shandong civil market was 5890.00 yuan / ton on July 1 and 5910.00 yuan / ton on July 5, with an increase of 0.34% during the period
Future analysis of butanone
At present, the effective support in the butanone market is still insufficient, and the downstream mainly continues to purchase just in need. The butanone data analyst of the business society believes that in the short term, the domestic butanone market will mainly be sorted out and operated in multiple intervals, and more attention should be paid to the basic changes in the supply and demand side of butanone.
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