This week, the domestic acetone market fell (8.11-18)

The domestic acetone market experienced a narrow decline. The acetone market in East China reported an average price of 4730 yuan/ton from August 11th to 4696 yuan/ton on August 18th, a decrease of 0.7%. From the perspective of the national acetone market, there are fluctuations of the same magnitude.

Sodium Molybdate

The domestic acetone market has experienced a narrow decline, with Sinopec companies implementing a listing price of 4800 yuan/ton during the week. Raw materials have risen during the week, and although costs have increased, phenol ketone manufacturers are still in a loss making state, with a production rate of around 75%. At present, the port inventory is 27500 tons, and the spot resources are relatively sufficient. The downstream factories are mainly in urgent need.
The acetone offers in major mainstream markets across the country on August 18th are as follows:
Region. Quotation on August 18th /8.11-18
East China region / 4620./ -100
Shandong region / 4750./ -50
Yanshan region / 4800./ -20
South China region / 4750./ -50

From the perspective of Business Society, it is expected that acetone will continue to weaken next week. From the supply side, there has been little change in domestic equipment, and imported resources have been gradually replenished, while port inventory remains high. From the perspective of demand, downstream bisphenol A and isopropanol units have seen some improvement, while MIBK has not fluctuated significantly. However, overall procurement is still mainly based on demand, but with the passing of high temperature weather, the overall demand for solvent products will improve. From a cost perspective, the pure benzene market is weakening. At present, the acetone market is at a low level, and it is expected that the acetone market will remain stable or have a narrow upward trend next week.

http://www.lubonchem.com/

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