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[Industry Focus]：[Butanone market] export volume performance is solid, the fourth quarter or production may be reduced

Read： 177 Time：2months ago Source：Zhuo Chuang Information

Butanone exports were solid in August 1.

In August, the export volume of butanone remained at about 15000 tons, little change compared with July. This performance exceeded the previous expectations of poor export volume, showing the resilience of the butanone export market. The export volume in September may continue to stabilize at around 15000 tons. Although weak domestic demand and increased domestic production capacity have led to increased competition among enterprises, the stable performance of the export market has provided some support for the butanone industry.

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Butanone exports increased significantly in January-August 2.

According to the data, the total export volume of butanone from January to August this year reached 143,318 tons, an overall increase of 52,531 tons, or 58%. This significant increase was mainly due to the increase in demand for butanone in the international market. Although the export volume from July to August declined compared with the first half of the year, overall, the export performance in the first eight months of this year was better than that in the same period last year, effectively alleviating the market pressure brought about by the commissioning of new devices.

Analysis of Import Volume of Major 3. Trading Partners

in terms of export direction, South Korea, Indonesia, Vietnam and India are the main trading partners of butanone. Among them, South Korea imported the most, reaching 40000 tons from January to August, a year-on-year increase of 47%; Indonesia's imports grew rapidly, increasing 108 percent year-on-year to 27000 tons; Vietnam's imports also achieved a 36% growth, reaching 19000 tons; and India, although the overall import volume is relatively small, but the largest increase, reaching 221 percent. The growth of imports in these countries was mainly due to the recovery of manufacturing in Southeast Asia and the reduction of maintenance and production of foreign installations.

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Butanone market in October 5. after the first decline in stable trend forecast

in October, the butanone market is expected to show a trend of falling first and then stabilizing. On the one hand, the inventory of the main factories increased during the National Day holiday, and the return after the holiday is facing certain shipping pressure, which may lead to a decline in market prices. On the other hand, the formal commissioning of the new plant in South China will have an impact on the southward sales of factories in the north, and market competition, including export volume, will intensify. However, with the low profit of butanone, it is expected that the market will be dominated by a narrow range in the second half of the month.

Analysis of the possibility of reducing production in northern factories in the fourth quarter of 6.

Due to the commissioning of new devices in South China, China's butanone northern plant faced greater market competition pressure in the fourth quarter. To maintain profit levels, northern factories may choose to cut production. This move will help ease the contradiction between supply and demand in the market and stabilize market prices.

The butanone export market showed a steady trend in September, and the export volume increased significantly from January to September. However, with the production of new devices and the intensification of competition in the domestic market, the export volume in the next few months may show a certain weakness. At the same time, the butanone market in October is expected to show a trend of falling first and then stabilizing, while the northern factory is facing the possibility of reducing production in the fourth quarter. These changes will have an important impact on the future development of the butanone industry.

Source: Zhuo Chuang Information

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