According to data monitoring by Business Society, as of February 4, 2024, the domestic market price of butanone was referenced at 7750 yuan/ton. Compared with January 31, 2024 (reference price of butanone was 7650 yuan/ton), the price increased by 100 yuan/ton, an increase of 1.31%.
From the monitoring chart of Business Society data, it can be seen that in the first two months of February, the overall domestic butanone market showed a slight upward trend. At present, there are still some factories downstream of butanone that are stocking up before the holiday, providing certain support to the market in terms of demand. The overall supply pressure of the butanone market is relatively small, and the supply and demand transmission of butanone is relatively stable. Some factories have good shipments, and the shipment price of butanone has been increased by about 100-200 yuan/ton. As of February 4th, the domestic market price of butanone is around 7500-7900 yuan/ton.
Market Forecast and Analysis of Butanone
Currently, the Spring Festival holiday is approaching, and with logistics shutdowns in many domestic regions, the trading atmosphere in the butanone market is gradually becoming quiet and mild. Business Society butanone data analysts believe that in the short term, the domestic butanone market will mostly operate steadily, with limited overall fluctuations in the market. The specific trend still needs to pay more attention to specific news changes on the supply and demand side.
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