According to the data monitoring of the Business News Agency, as of February 23, 2023, the domestic market price of butanone was 8783 yuan/ton for reference. Compared with February 1, 2023 (the reference price of butanone was 8533 yuan/ton), the price increased by 250 yuan/ton, or 2.93%.
| PVA |
From February to now (2.1-2.22), the domestic butanone market has shown an overall upward trend. In the first ten days of February, the cost support for butanone from the high level of the after-carbon 4 market of raw ether continued to strengthen, and the focus of the butanone market moved steadily upward. On February 15, the market price of butanone rose to a high level. The market price of butanone was around 8800-9100 yuan/ton, with an increase of 5.08% in the first ten days of February.
In late February, the downstream demand side support of butanone was limited, and the weak demand performance slowed the rise of butanone. The market price of butanone was consolidated after rising, and the prices of the field operators were mostly stable. Near the end of the month, the demand boost of butanone market was still general, and the new orders were handled cautiously. Under the demand constraints, the market price of butanone was down in a narrow range, with a price reduction of around 200-300 yuan/ton. As of February 23, the market price of domestic butanone was around 8450-9000 yuan/ton.
Aftermarket analysis of butanone
At present, the follow-up of downstream demand for butanone is still slow, and the increment of new orders is weak. The downstream market mainly digestes the raw materials in the early stage, and the overall transaction is average. The butanone statistician of the business agency believes that in the short term, the domestic butanone market is mainly operated in a narrow range of fluctuations, and the specific trend needs to pay more attention to the specific information changes on the supply and demand side.
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