According to data monitoring by Business Society, as of December 13, 2023, the domestic market price of butanone was referenced at 7533 yuan/ton. Compared with December 7, 2023 (reference price of butanone was 7166 yuan/ton), the price decreased by 367 yuan/ton, a decrease of 4.87%.
From the monitoring chart of Business Society data, it can be seen that in the recent period (12.07-12.13), the overall domestic butanone market has shown a weak downward trend. In early December, the supply and demand side of the domestic butanone market was relatively calm, and the trading atmosphere on the exchange was relatively quiet. The butanone market was weak and consolidating. Starting from December 7th, the overall market situation of butanone began to decline, and downstream demand continued to be weak. Under the drag of demand, the center of gravity of the butanone market continued to move towards a low level, with a cumulative decrease of about 200-300 yuan/ton in seven days. As of December 13th, the domestic butanone market price reference is around 700-7500 yuan/ton.
Market Forecast and Analysis of Butanone
At present, the overall trading atmosphere in the butanone market is still relatively light, and the transmission and conversion between supply and demand of butanone is slow. Inquiries on the market are average, and the butanone data analyst from Business Society predicts that in the short term, the butanone market will mainly adjust and operate within a narrow range. The specific trend still needs to pay more attention to the specific news changes on the supply and demand side.
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