Butanone market’s bearish attitude has not stopped, and the offer fell

1、 Price trend

According to the data monitoring of the business agency, as of February 19, the average market price of butanone was around 8533.33 yuan / ton based on the quotations of several sample enterprises, which was 300 yuan / ton lower than last week, down 3.76%.

 

2、 Market analysis

 

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Product: since this week, the butanone market has seen a decline in offers, with relatively cold transactions, lower factory prices, and few businesses returning to work. Some factories have certain sales pressure and relatively high inventory. The factory price of Shandong Province is 7800 yuan / ton. At present, most of the traders do not operate in the market, mainly wait-and-see, with the impact of traffic control. The automobile transportation in South China is not smooth, and the volume of transactions is small. The market reference price is 8700-8800 yuan / ton, 300 yuan / ton lower than last week. The butanone Market in East China has fallen sharply, with poor demand. The market reference price is 8100-8200 yuan / ton, 550 yuan / ton lower than last week. In North China The butanone market in the district fell slowly, and the market reference price was 8100 yuan / ton spot exchange. The ex factory quotation of butanone of Shandong Dongming group is 8000 yuan / ton, 700 yuan / ton lower than the previous day; the ex factory quotation of butanone of Zibo Qixiang Tengda Chemical Co., Ltd. is 8600 yuan / ton; the ex factory quotation of butanone of Ningbo Jinfa New Material Co., Ltd. is 8100 yuan / ton.

 

Industrial chain: the mainstream transaction price of Civil liquefied gas market is 3550-3700 yuan / ton, and the high volume is less and continues to rise, driving some low prices to follow up, but the overall transaction is light; in the middle of this week, the price of liquefied gas market in Shandong province rises, with the mainstream price around 3400-3700 yuan / ton; the price of liquefied gas market in North China rises slightly, with the mainstream price around 3500 yuan / ton; the price of liquefied gas market in East China The market price is stable as a whole. The mainstream price is around 3600-3620 yuan / ton. The main transaction price of post ether carbon tetrachloride is 3500-3600 yuan / ton. With the slowdown of downstream demand, the price of post ether carbon tetrachloride is significantly reduced, and it is expected to continue downward consolidation in the later period.

 

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Industry: according to the price monitoring of the business agency, on February 18, 2020, there are 19 kinds of commodities rising in the price up and down list of bulk 58, which are concentrated in the non-ferrous (7 kinds) and agricultural and sideline (4 kinds). The top three commodities are liquefied natural gas (2.00%), iron ore (Australia) (1.30%) and rapeseed oil (0.91%). There are 12 kinds of commodities decreased on a month on month basis, which are mainly rubber and plastic (3 kinds in total) and energy (3 kinds in total). The first three commodities decreased were cement (- 1.47%), LLDPE (- 1.46%) and acetic acid (- 1.21%). The average rise and fall of this day is 0.03%.

 

3、 Future forecast

 

According to the analysis of the data analyst of the business association, it is expected that the butanone market will be limited by transportation this week, and the market will continue to be cold. Next week, with the gradual recovery of transportation and upstream and downstream industries, the overall demand of the butanone market is expected to increase.

http://www.polyvinylalcohols.com

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