I. price trend

According to the data monitoring of business agency, the butanone market remained weak and fell. As of Friday (October 25) of this week, based on the quotations of several sample enterprises, the average price of butanone market was around 8883.33 yuan / ton, down 1.84% compared with October 18.

II. Market analysis

Product: this week, the butanone market as a whole continued to decline, the offer was loose, and the factory continued to reduce the offer, reducing the price for shipment, and the low price fell below 8600 yuan / ton. South China has a large number of ships this month, the market mentality is not positive, the overall mentality is mainly bearish, many factories and traders offer profits, the shipping performance is average, and the downstream purchasing power is weak. Recently, the market has been cold. At present, the price difference between South China and North China and East China is still large. The mainstream reference price in South China is around 9150 yuan / ton, which is about 650 yuan / ton lower than last week. The mainstream reference price in North China is around 8700 yuan / ton, which is about 700 yuan / ton lower than last week. The mainstream reference price in East China is around 8700 yuan / ton, which is 70 yuan lower than last week. About 0 yuan / ton.

Industry chain: the overall stability of upstream raw material liquefied gas (Civil) is slightly reduced this week. At present, the market price of liquefied gas in North China is stable, the mainstream price is around 3850-3900 yuan / ton, and the market transaction is normal; the market price of liquefied gas in Shandong is down, the mainstream price is around 3800-4100 yuan / ton, and the market transaction is normal; the market price of liquefied gas in East China is down, and the mainstream price is normal. At about 3700 yuan / ton, the market transaction was normal.

III. future forecast

According to the analysis of the data analyst of the business agency, it is expected that the butanone market will continue to operate in a narrow and weak range in the next week, which does not exclude the possibility that the market still has a small fluctuation.