SunSirs: After the Festival, the National Mainstream Acetone Market Continued to Rise
October 10 2022 09:05:18 SunSirs (John)
Price trend
Influenced by the continuous upward trend of crude oil during the holidays, the price of acetone rose by 150-200 RMB/ton on the first trading day after the National Day.
Analysis review
The concentration of goods supply was strong, the attitude of the goods holders was relatively positive, and the sentiment of pushing up was strong. Before the festival, there was a continuous rise, and some factories had not yet had a large amount of inventory. After the festival, the terminal factories had a demand to enter the market to replenish goods. The market negotiation activity increased, and the market focus rose rapidly.
On October 9, the acetone offers of major mainstream markets in China were as follows:
|
Area |
Quotations (RMB/ton) |
Changes (RMB/ton) |
|
East China |
5,750 |
200 |
|
Shandong |
5,950 |
50 |
|
Yanshan |
5,950 |
50 |
|
South China |
5,900 |
150 |
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