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SunSirs: The Domestic Acetone Market Was Quiet As the Holiday Approached
January 18 2023 11:26:42SunSirs(John)

Price trend

Analysis review

Mainstream plants: the price of acetone in Sinopec East China Plant was 4,800 RMB/ton, and that in Sinopec North China Plant was 4,800-4,900 RMB/ton, and the factory billing price was stable.

Port: Port inventory decreased at the beginning of the week.

However, as the Spring Festival approached, there was less replenishment from downstream factories, the market trading atmosphere had slowed significantly, and the wait-and-see mood intensified. As the holiday approached, most of the logistics had been stopped, and the market was cold, more waiting for the market to be clear after the holiday.

Market outlook

It is expected that the acetone market will be weak and sorted out before the holiday.

On January 16, the offer of acetone in various markets across the country was as follows:

Area

Quotations (RMB/ton)

Daily Change (RMB/ton)

East China

4,750

-30

Shandong

5,050

0

Yanshan

5,050

0

South China

5,500

0

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

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