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SunSirs: Factories Adjusted Up, and Domestic Acetone Market Continued to Rise

July 19 2023 10:26:30     SunSirs (John)

Price trend

The domestic acetone market continued to rise. According to the commodity market analysis system of SunSirs, the negotiated price of acetone market in East China was 5,750-5,800 RMB/ton on July 18.

Analysis review

The domestic acetone market continued to rise. Mainstream manufacturers raised the listing price in a centralized manner. Sinopec East China raised the listing price by 200 RMB/ton to 5,750 RMB/ton. Sinopec North China raised the listing price by 200 RMB/ton to 5,700 RMB/ton. The factories raised the listing price in a centralized manner. The traders' mentality was supported. The offer continued to rise, and the downstream just in needed followed up.

The acetone offers in major mainstream markets across the country on July 18th were as follows:

Area

Quotations (RMB/ton)

Daily Change (RMB/ton)

East China

5,780

0

Shandong

5,750

50

Yanshan

5,800

50

South China

6,150

100

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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