Price trend
Analysis review
Last Friday, on February 10, the listing price of acetone in Sinopec East China increased by 150 to 5,300 RMB/ton, and the listing price of acetone in Sinopec North China increased by 200 to 5,350-5,400 RMB/ton. The market followed the pace of factories’ price adjustment. Despite the decline in port volume, terminal factories and traders had little enthusiasm for large-scale procurement. The market trading atmosphere was general, and the cargo holders also gave up certain profits for shipment. The market trading atmosphere was not high, and the terminal followed up just in needed.
Market outlook
It is estimated that the spot market price of acetone in East China is 5,300 RMB/ton.
On February 13, the offer of acetone in major mainstream markets across China is as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
5,300 |
0 |
|
Shandong |
5,450 |
100 |
|
Yanshan |
5,350 |
100 |
|
South China |
5,550 |
50 |
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