According to the data monitoring of the business agency, as of the 14th, the average ex factory price of domestic butanone market was 6433.33 yuan / ton, which was 267 yuan / ton, or 4.32%, compared with the price on October 1. Compared with the price on September 1, the average price was increased by 217 yuan / ton, or 3.49%; the maximum amplitude between September 1 and October 14 was 13.20%.
Demand for butanone in September is not optimistic
The traditional “Jinjiu” did not bring a substantial upward trend to China’s butanone market. Up in September, affected by the cold demand of downstream, the market showed signs of fatigue, and the digestion of inventory was slow. Factories lowered the ex factory price of butanone one one after another, by 400-500 yuan / ton in half a month. As of the 17th, the average ex factory price of domestic butanone Market was 5700 / T, which was 533 yuan / T, or 8.58% lower than that on September 1. Subsequently, the butanone market remained sluggish, and the price was still at the bottom. Until the end of the month, due to the support of the downstream pre holiday stock and hoarding, the demand increased, the upstream and downstream transmission improved, and the factory looked forward to rising strongly. As of September 30, the average price of domestic butanone market was at 6166 yuan / ton, which was reduced by 50 yuan / ton or 0.80% compared with the price on September 1.
After the festival, the market of butanone finally rose
In October, a few days after the return of the double festival, the market situation is mainly stable. The purchasing status before the festival is better than expected. The current market inventory is relatively low. It is heard that a 30000 T / a production line of Lanzhou Petrochemical Company has been shut down recently, and the factories and shippers have a strong attitude of supporting prices. Since December 12, most factories began to increase the ex factory price of butanone by 200-300 yuan / ton. As of the 14th, the average ex factory price of domestic butanone market was 6433.33 yuan / ton, which was 267 yuan / ton, or 4.32%, compared with the price on October 1. Compared with the price on September 1, the average price of butanone increased by 217 yuan / ton, or 3.49%; and the maximum amplitude from September 1 to October 14 was 13.20%.
On the upstream side, the domestic LPG market in Shandong Province declined in September. In October, the price of LPG civil market rebounded. After the festival, the downstream started the replenishment mode, the enthusiasm of entering the market was good, the manufacturers’ shipment was smooth, and the inventory was mostly at a low level. Since the 9th, the Shandong market of civil gas-liquid chemical gas has risen continuously. As of the 13th, the reference price of liquefied gas was 3126.67 yuan / ton, an average price increase of 350 yuan / ton or 12.61% compared with October 1 (2776.67 yuan / ton). At present, the market is stable on the whole, and some small increases are made. The current mainstream transaction price is maintained at about 3100-3130 yuan / ton, and the market transaction atmosphere is relatively general.
Future outlook in the short term, the market is strong
The overall market is favorable for any inventory. At present, the on-site inventory is on the low side. The recovery of factory start-up after the festival is lower than expected, and the downstream just needs to purchase. Therefore, it is expected that the manufacturers and traders will be more willing to support the price, and the short-term price is mainly to maintain the stability of the price.
| Thiourea |