Newsletter summary

Since April, the domestic market price of butanone has risen by 6% from 8033 yuan per ton.Teamrumble.22% to 8533.33 yuan / ton. Costs, supply-side support and improvement in terminal demand push butanone prices up continuously, and it is expected that the stable and strong trend of the market will continue in the short term.

Text of news flash

[butanone market rose 6.22% in April, supply side pressure was small and demand side improved]

According to the latest data from the commodity market analysis system, since April, butanone market prices have experiencedTeamrumbleA concussive upward trend. The price rose to 8533.33 yuan / ton on May 8, up 6.22% from 8033 yuan / ton on April 1.

From the analysis of the price trend chart, the butanone market returned to calm after a small shock in early April. Subsequently, the price of butanone began to rise sharply, and by early May, the market price had reached about 8700 yuan / ton.

The price rise of butanone is affected by many factors. First of all, the market situation of C4 after the terminal ether of raw materials continues to operate at a high level, which provides cost support for butanone. Secondly, in April, some domestic butanone factories were busy implementing previous orders, resulting in reduced supply pressure in the butanone field and tight spot circulation in some areas, making the supply side to support prices. In addition, the terminal demand for butanone improved in April, especially in the middle and late ten days, the market ushered in a small range of pre-holiday stock, the support of the demand side was gradually strengthened.

For the future, the overall atmosphere of the butanone market remains mild, and the demand in the terminal market is expected to increase further as the weather gets warmer. The industry is optimistic about the market outlook. Butanone data division predicts that the butanone market will maintain a stable and strong trend in the short term, but the specific market trend needs to pay attention to the follow-up changes on the supply and demand side.