SunSirs--China Commodity Data Group

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SunSirs: The Domestic Acetone Market Rose Again on January 19

January 21 2020 10:54:49     SunSirs (John)

Product Name: Acetone

 

Market price (Eastern China January 19): 5,750 RMB/ton

 

Analytical points: Due to the rapid decline in port inventory, domestic acetone plants are once again raised by 150 RMB/ton, and the focus of major acetone markets continues to rise. At present, the port inventory has fallen to the level of 17,000 tons, and the attitude of the holders is more supportive. The upward sentiment has not decreased. The pace of terminal factory purchases has slowed down. There have been a few stocks before, and the transaction volume has increased. SunSirs estimates that the negotiation range in the East China market is 5,700-5,750 RMB/ton, and the pre-holiday offer is firm.

 

As of January 19, the market situation of acetone in various markets across the country is as follows:

Area

Prices (RMB/ton)

Daily change (RMB/ton)

East China

5,750

+100

Shandong

5,650

+200

Surrounding area of Yanshan

5,600

+100

South China

5,750

+50

 

 

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

 

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