Price trend
On March 1, the listing price of Sinopec East China acetone was 5,850 RMB/ton, and that of Sinopec North China acetone was 5,850-5,900 RMB/ton.
Analysis review
The terminal demand continues to improve. Under the pressure of traders to hold goods, the price of the quotation is lower, and it’s heard that the purchase is general, and the transaction is insufficient.
Market outlook
It is expected that the acetone market will run in a weak position today, and the reference price in the East China market will be 5,700-5,750 RMB/ton.
On March 1, the offer of acetone in major mainstream markets across the country was as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
5,750 |
-100 |
|
Shandong |
5,920 |
-30 |
|
Yanshan |
5,920 |
-30 |
|
South China |
6,100 |
-100 |
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