SunSirs: On March 2, the Domestic Acetone Market Declined as a Whole
March 02 2023 10:18:16 SunSirs (John)
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 |
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
- 2024-02-20 SunSirs: Morning Forecast for Domestic Acetone Market on February 20th
- 2024-01-04 SunSirs: On January 3rd, the Domestic Acetone Market Continued to Rise
- 2023-10-11 SunSirs: After the Holiday, the Domestic Acetone Market Continued to Decline
- 2023-09-14 SunSirs: Supply Was Tight, Domestic Acetone Market Continued to Rise
- 2023-08-17 SunSirs: Factories Adjusted Up, Acetone Market Was Narrowly Upward
