Market analysis of butanone in China this week (6.17-6.21)

Price Trend

According to the monitoring data of business associations, the domestic butanone market as a whole is still in a weak and declining state this week. At present, the mainstream domestic butanone quotation is around 6,100-6,500 yuan/ton, down-3.98% compared with June 14.

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II. Market Analysis

Products: This week, the butanone market is running weakly, the downstream factories have a low start-up rate, the factories keep a horizontal position. The reference price of butanone distributors in Jiangsu is around 6400-6500 yuan/ton, the quotation price of butanone manufacturers in Shandong is around 6100 yuan/ton, and the reference price of butanone distributors in Ningbo is around 6500-6600 yuan/ton. Compensation is the main factor.

3. Future Market Forecast

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Business societies data analysts believe that the short-term butanone market is mainly stable, the overall downstream demand is weak, do not rule out the follow-up of a small negative decline.

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