According to the data monitoring of the business agency, as of December 07, the reference average ex factory price of domestic butanone market was 8133.33 yuan / ton, which was 500 yuan / ton higher than the low price of this month (7633 yuan / ton on December 3), and 6.55% in the fourth day. Compared with the price on December 1 (reference price of 7700 yuan / ton), the average price of domestic butanone market increased by 433 yuan / ton, and increased by 5.63% in 7 days; compared with the price of November 1 (reference price of 7633 yuan / ton), the average price of butanone increased by 5.63% Compared with the price of 6400 yuan / ton), the average price increased by 1600 yuan / ton, or 25%.

Exports improved, butanone market fell two days later quickly recovered

In the early two days of December, due to the reduction of export orders and insufficient downstream demand, the domestic butanone market was loose and fell, and the factory inventory increased. In order to actively ship, some factories and holders reduced the ex factory price of butanone by 100-300 yuan / ton, and the average ex factory reference price of butanone market dropped to 7633 yuan / ton.

Since the 4th of last weekend, the domestic market of butanone has improved, and the quoted prices of some factories have increased by 100-200 yuan / ton. Due to the shutdown of butanone units in some Asian countries, the demand for butanone export has increased. On the weekend, new orders in the domestic market have increased and the market inquiry atmosphere has warmed. On the 7th, the domestic butanone market continued to rise by 200 yuan -At present, the overall inventory of butanone plant is relatively low, and the quotation of butanone in South China and North China is mainly firm.

As of December 07, the average ex factory price of domestic butanone market is 8133.33 yuan / ton, which is 500 yuan / ton, or 6.55%, compared with the low price of this month (7633 yuan / ton on December 3). Compared with the price on December 1 (reference price of 7700 yuan / ton), the average price is increased by 433 yuan / ton, with an increase of 5.63% in 7 days; compared with the price on November 1 (reference price of 6400 yuan / ton), the average price is higher than that of November 1 (reference price of 6400 yuan / ton) Adjust 1600 yuan / ton, up 25%.

Upstream, from the beginning of December, the overall market price of LPG civil gas in Shandong Province rose. According to the data monitoring of business agency, the average price of liquefied gas in Shandong market was 3166 yuan / ton on December 1, and 3250 yuan / ton on December 4. During the period, the price was increased by 84 yuan / ton, with a total increase of 2.63%.

Internationally, on December 4, the U.S. WTI crude oil futures market price rose, with the settlement price of main contracts at $46.26/barrel, up $0.62. Brent crude oil futures market prices rose, the main contract settlement price to 49.25 U.S. dollars / barrel, up 0.54 dollars. Oil prices continued to rise on Friday, mainly due to rising expectations of the US stimulus plan and vaccines.

Good demand for butanone in the short term

At present, the market atmosphere of butanone market is good, the export orders increase, and the confidence of the undertakers also increases. The butanone datagrapher of the business agency believes that, supported by the favorable demand, the butanone market will continue to strengthen in the short term, and more attention should be paid to the changes in raw materials and supply and demand.