According to data monitoring by Business Society, as of August 29, 2023, the domestic market price of butanone was referenced at 8050 yuan/ton. Compared with August 1, 2023 (reference price of butanone was 7866 yuan/ton), the price increased by 184 yuan/ton, an increase of 2.33%.

From the data monitoring chart of Business Society, it can be seen that in August (8.1-8.29), the overall market situation of domestic butanone showed a fluctuating and slightly rising trend. In early August, the butanone market as a whole rose first and then fell. At the beginning of the month, the domestic butanone raw material ether post C4 market overall rose, and the raw material side provided support for the cost of butanone. The butanone market overall rose slightly, but due to the average downstream demand performance and insufficient demand support, the butanone market rebounded after rising. As of August 15th, the butanone market price reference was around 7200-7900 yuan/ton.

In late August, the butanone market continued to operate in a weak state. Towards the end of the month, the butanone market experienced a bottoming out rebound and increased cost support. With the support of the cost side, the focus of the butanone market was overall upward, with a price increase of around 200-500 yuan/ton. Downstream demand continued to be cautious, with on-demand procurement being the main focus. At the end of the month, the butanone market maintained stable operation after rising. As of August 29th, the domestic market price of butanone is around 7500-8400 yuan/ton.

Analysis of the aftermarket of butanone

At present, the trading atmosphere in the butanone market is average, and there is a strong wait-and-see sentiment on the market. The negotiation of new orders is cautious. The butanone data analyst at the Business Society believes that in the short term, the domestic butanone market will mainly adjust its range, and the specific trend needs to pay more attention to changes in supply and demand news.