Downstream demand as a whole is still weak, but the butanone market may have a further slight decline risk in the short term |

Source: Jintou.com

According to SunSirs data monitoring, as of November 25, 2022, the domestic market price of methyl ethyl ketone is referenced at 8,866 yuan/ton, which is an increase of 200 yuan compared with the price on November 1 (the reference price of methyl ethyl ketone is 8,666 yuan/ton). / ton, an increase of 2.31%.

From the data monitoring chart of SunSirs, it can be seen that from November to now (11.1-11.25), the domestic butanone market rose first and then fell, and the overall market rose slightly. Butanone market trend can be divided into two parts: the first ten-day period and the second ten-day period:

In the first ten days of November, the overall rise in the domestic butanone market was dominated by growth. Since the beginning of the month, the high price of carbon four following the raw material ether has supported the cost of butanone, and the market price of butanone has steadily increased. On November 17, the market price of butanone Reference 8966 yuan / ton, an increase of 3.46% in the first half of the year.

In late November, the domestic butanone market did not continue to rise. Under the supply-demand game, the market remained stalemate at a short-term high level. However, the downstream demand was generally heavy. Under the restraint of demand, the butanone market began to decline towards the end of the month. 11 On March 25, the market price of methyl ethyl ketone referred to 8866 yuan/ton, a decrease of 1.12% in five days.

Butanone market outlook analysis

At present, the trading atmosphere in the methyl ethyl ketone market is flat, and the overall downstream demand is still weak. The butanone data analyst of the business agency believes that in the short term, the domestic methyl ethyl ketone market will be dragged down by demand or there is a risk of further slight decline, and the specific trend needs more attention. Changes in news on the supply and demand side.

(Article source: SunSir)

Opening a futures account on a large cooperative platform with Sina is safe, fast and guaranteed

Massive information, accurate interpretation, all in the Sina Finance APP

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.