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Butanone: European Market Dynamics This Week
May 23, 2018

European butanone spot prices fell by €40/t this week to €1460/t FD Western Europe. Also heard a range of 1450-1500 euros / ton FD Northwest Europe. Following the surge in prices earlier in the year, supply and demand in the European butanone market appeared to be nearly balanced, as import sources from China eased the supply shortage in the first quarter. A European market source said, "The market should soon stabilize, and we will not see these sources of Chinese imports again," he also pointed out that the increase in oil prices over the past few weeks has also helped stabilize the butanone market price.