Butane ketone supply scarce rises wildly

Last week, the butanone market was supported by scarce supply sources and substantial price adjustments by manufacturers. It rose sharply twice, and rose by nearly one thousand yuan in less than a week. The market atmosphere is warm, and the search for goods increases. The focus of the transaction in Jiangsu continued to move up. The high-end transaction price was around 13,500 yuan per ton; Ningbo supply was almost cut off and there was no actual quotation; in South China, the release of oil in China was like toothpaste, mainly 3 to 5 tons of small tonnage. It is expected that the high level of butanone's market outlook will continue and prices will fluctuate slightly.
The main reasons for shortage of methyl ethyl ketone supply are: First, the device maintenance. Dushanzi began its maintenance work for about one month in mid-August. Currently, there are only a few stocks. The second is the shortage of raw materials. Taihua has stopped for more than half a month due to shortage of raw materials, and there is not much inventory; Qixiang started to be affected by this, and the operating rate is 70%; Lanhua also has low output of raw materials from its own equipment, affecting butanone production, and the operating rate is 60%. Not much stock is limited to sales. The third is the influence of exports. From August to early September, some manufacturers executed export orders or export stocks, such as Qixiang, Zhongjie, Lanhua, Fushun, etc. The overall export volume exceeded 6,000 tons, affecting domestic supply. The fourth is unexpected events. Droughts, mudslides, floods, and typhoons have come one after another and have seriously affected the transportation of goods.
The overall output of the manufacturers in the near future is still not high. Although some manufacturers have delayed repairs, the market supply is still insufficient. As the domestic market for butanone is better, manufacturers may consider delaying export tasks.

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