According to data monitoring by Business Society, as of April 30, 2024, the domestic market price of butanone was referenced at 8466 yuan/ton. Compared with April 1, 2024 (reference price of butanone was 8033 yuan/ton), the price increased by 433 yuan/ton, an increase of 5.39%.

From the commodity market analysis system of Shengyishe, it can be seen that in April, the overall market situation of butanone in China showed a continuous upward trend. In early April, the butanone market returned to calm after a slight fluctuation. In the latter half of the year, the market for butanone saw a significant increase, and market prices have been continuously adjusted upwards. By the end of April, the high price of butanone in the domestic market had risen to around 8700 yuan/ton.

Analysis of the Factors Influencing the Rise of Butanone Market in April

In terms of cost: In April, the overall market situation for carbon tetrachloride after the ether end of butanone raw material continued to operate at a high level, and the support for butanone in terms of cost has always been strong.

In terms of supply: In April, some domestic butanone factories executed pre orders and mainly shipped pre order goods. Therefore, the overall supply pressure in butanone factories was relatively small, and spot circulation in some regions was tight. The supply side supported the continuous increase of butanone market prices.

In terms of demand: In April, the overall terminal demand in the butanone field improved. In the first ten days, downstream purchases of butanone were mainly for rigid needs. In the second ten days, the butanone market welcomed small-scale pre holiday stocking, and the overall demand support for butanone improved.

Market analysis of butanone

At present, the atmosphere in the butanone market is relatively mild. As the weather gets warmer, the demand in the terminal market will continue to be released. The butanone industry has a good mentality, and the butanone data analyst from Business Society believes that in the short term, the domestic butanone market will mostly operate steadily with a strong bias. The specific trend still needs to pay more attention to changes in supply and demand news.