According to the data monitoring of the business community, as of November 16, 2022, the reference price of domestic butanone market was 8933 yuan/ton. Compared with the price on November 7 (the reference price of butanone was 8700 yuan/ton), the average price increased by 233 yuan/ton, or 2.68%. On November 16, the domestic market price of butanone was around 8800-9300 yuan/ton.

It can be seen from the data monitoring chart of the business community that in the near future (11.07-11.16), the domestic butanone market is in an overall upward trend. The driving force supporting the domestic butanone market upward mainly comes from the following two aspects:

On the one hand, in terms of cost, the overall rising carbon price after the recent raw material ether has given more support to the cost of butanone, and the butanone factory has actively raised the price, driving the steady rise of the butanone market.

II. In terms of supply, in the early stage, the domestic butanone export performance was good on the whole. In November, the butanone unit load was not high, and there was no news of restart of parking devices in the site, and the overall operating rate remained at a moderate level. Butanone supply side inventory is tight, the supply pressure of the industry is small, and the offer is mostly firm.

Future market analysis of butanone

At present, the downstream demand for butanone is mainly based on the purchase of just needed products. The wait-and-see atmosphere in the market is strong, the trading atmosphere is general, and the support from the demand side is generally exposed. The butanone data engineer of the business community believes that in the short term, the butanone market is dominated by multi range adjustment and operation, and the specific trend needs to pay more attention to the specific information changes on the supply and demand side.