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SunSirs: Early Forecast of Domestic Acetone Market on February 13
February 13 2023 09:27:09SunSirs(John)

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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