SunSirs: After the Spring Festival, the Focus of Domestic Acetone Market Rose
January 29 2023 13:21:22 SunSirs (John)
Price trend
After the festival, the prices quoted in the major acetone mainstream markets increased. According to the monitoring data of SunSirs, the overall offer in the East China market, the main domestic region, rose by 150-200 RMB/ton after the festival, with the negotiated price range of 4,900-5,000 RMB/ton.
Analysis review
On the first day after the festival, domestic mainstream factories increased the listing price, Sinopec East China listing price increased by 200 to 5,000 RMB/ton, and Sinopec North China listing price increased by 200 to 5,000 RMB/ton. Petrochemical enterprises had raised prices in a centralized manner, and the attitude of cargo holders was stable, and the offer of traders had been actively raised.
Terminal was entering the market for inquiries. The external environment was improving, the terminal factories were producing in succession, the traders' mentality had been improved, and the participation of small and medium-sized traders was expected to increase. Although the actual transaction on the first day after the holiday was not optimistic, the market activity had increased. The downstream bisphenol A market rose in a narrow range, and the negotiated price of bisphenol A is expected to rise to 10,000 RMB/ton due to the influence of upstream products.
Market outlook
With the inquiry of the terminal factory entering the market, the market negotiation atmosphere has improved. It is estimated that the negotiation price of acetone in East China is about 5,000 RMB/ton.
On the first day after the holiday (January 28), the offer of acetone in major mainstream markets across the country was as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
4,900-5,000 |
150 |
|
Shandong |
5,200 |
150 |
|
Yanshan |
5,200 |
100 |
|
South China |
5,600 |
50 |
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