According to the data monitoring of business agency, as of July 29, the average ex factory price of domestic butanone market was 6066.67 yuan / ton, which was 100 yuan / ton lower than the price at the end of last week (July 24); compared with the price at the beginning of the month (July 1), the price dropped by 967 yuan / ton, a decrease of 13.74%; the maximum amplitude from July 1 to July 28 was 13.74%.
| POLYVINYL ALCOHOL |
Since July, the domestic butanone market has continued to decline, and the decline has not stopped for several days at the end of the month
In the first ten days of July, the market price of butanone decreased significantly. In only half a month, the market price had dropped from 7000 yuan / ton to 6400 yuan / ton, a decrease of 8.53%.
In late July, butanone manufacturers had a clear attitude of supporting price. However, due to the poor terminal demand, the rising power was seriously insufficient. Under the weak market situation, the stable price of the factory was the first. However, near the end of the month, the cautious wait-and-see attitude of downstream and the downturn of demand made it difficult to ease the inventory pressure of the factory, and the price of butanone market in some regions was loosened again.
According to the data monitoring of business agency, as of the 29th, the reference price of butanone factory was 6066.67 yuan / ton, which was 100 yuan / ton lower than the average price at the end of last week, and 967 yuan / ton, or 13.74% lower than that of July 1. At present, the butanone market in South China is cold and the reference price of butanone factory is around 6400 yuan / ton, which is 100 yuan / ton lower than that on the 24th; the butanone market in East China is loose, and the reference value of butanone factory price is around 6150 yuan / ton, which is 150 yuan / ton lower than that on the 24th; the low level of butanone market in North China is temporarily stable, and the reference of ex factory price of butanone is around 5750 yuan / ton.
Price quotation of butanone in some areas of China (for reference only)
| PVA |
Regional product specifications 7 / 24 7 / 29 up and down
Butanone purified water in South China: 6500 yuan / ton, 6400 yuan / ton – 1.58%
In North China, the butanone purified water is 5750 yuan / ton and 5750 yuan / ton
In East China, butanone purified water was delivered at 6300 yuan / ton, 6150 yuan / ton – 2.38%
In terms of supply and demand, at present, the butanone market is mainly sorted out. It is heard that the business volume of butanone negotiation in some areas is slightly low, the market inquiry atmosphere is general, and the downstream demand remains low, and the industry mainly wait and see.
On the upstream side, the LNG market rose as a whole in July. Last week, the civil market of Shandong liquefied gas was more favorable, and the overall international crude oil rose slightly, which brought some support to the market. The civil gas mainly followed the rise. In the downstream buying mentality, they were more active in entering the market and replenished one after another. The market atmosphere was good, the manufacturers delivered goods continuously and smoothly. Under the low inventory operation, the mentality was firm and the price continued to rise. The increase was as high as 250 yuan / ton within the week. As of July 27, the reference price of LPG was 3050 yuan / ton, up 10.51% compared with that on July 1 (2760.00).
At present, the downstream demand of butanone market has not significantly increased. The current market price has basically fallen to the bottom, and it is unlikely to continue to explore. It is expected that the market will mainly maintain stability in the near future. Some businesses are eager to rise, and the heart of supporting the price is overflowing. The offer may rise slightly.
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