According to the data monitoring of business news agency, as of June 11, the average ex factory price of domestic butanone market was 7733 yuan / ton. Compared with the price on June 10, the average price decreased by 267 yuan / ton, or 3.33%. Compared with the price on June 1, the average price decreased by 1067 yuan / ton, or 12.12%.
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Since June, the domestic butanone market has continued to decline. Under the imbalance between supply and demand, the contradiction has gradually intensified, and the market shows signs of bidding. On June 11, the ex factory price of butanone in a factory in Shandong Province was lowered again to 7200 yuan / ton, down by 600 yuan / ton. Subsequently, the transaction price of butanone in Nanjing market also eased slightly, The ex factory price of butanone in Northwest China also decreased slightly by 200-300 yuan / ton. The overall trading atmosphere of butanone market is general, the pressure on supply continues, the confidence of the industry weakens, the downstream is cautious and just needs support. Today’s overall market performance is mainly weak. The factory price of domestic butanone market is 7733 yuan / ton, compared with the previous working day, the average price is reduced by 267 yuan / ton, a one-day drop of 3.33%.
On the upstream side, since June, the domestic LPG market in Shandong has risen first and then dropped, and after a slight correction, it has been basically flat with the market price at the beginning of the month. On June 11, the civil LPG market in Shandong Province rose steadily with little fluctuation. The transaction atmosphere in the market was mild and the enthusiasm for downstream market entry was limited. However, the inventory of most manufacturers was at a controllable level. It is expected that the shipment will be stable during the festival. According to the monitoring data of the business community, the reference price of LPG on June 11 was 4140 yuan / ton, down 0.08% compared with that on June 1 (4143.33 yuan / ton).
During the festival, butanone market was weak and mainly operated
At present, the domestic butanone market as a whole is still at a high level with full supply and limited adjustment in the short term. Therefore, butanone analysts of business community believe that during the festival, the domestic butanone market has limited substantial adjustment, and the overall situation is mainly weak.
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