Sinopec East China Phenol Ketone Enterprise has raised its acetone price by 450 yuan/ton, with an execution rate of 8200 yuan/ton. Sinopec North China Phenol Ketone Enterprise has raised its acetone price by 450 yuan/ton, with an execution rate of 8150-8200 yuan/ton. The market is facing tight supply of goods, and the market in various mainstream regions has seen a significant increase with the increase in factory listed prices. The procurement intensity is average, and the trading volume needs to be released. According to the Commodity Market Analysis System of Shengyishe, the national acetone market has risen from 7487 yuan/ton on April 15th to 8112.5 yuan/ton on April 22nd, with a cumulative increase of 8.35%, with a daily increase of 7% on April 22nd.
On the 22nd, mainstream domestic factories significantly increased their prices by 450 yuan/ton, implementing a price range of 8150-8200 yuan/ton.
On April 22nd, the acetone offers in major mainstream markets across the country were as follows:
Region/ Quotation/ Rise and fall range (4.15-22)
East China region/ 8250./950
Shandong region/ 8000./700
Yanshan region/ 8000./600
South China region/ 8150./850
The raw materials have been significantly driven, the supply of pure benzene has tightened, and prices continue to rise.
From a downstream perspective, in the MIBK industry, Anhui Zhonghuifa and Hunan Changde are planning to add new units for production. If these two units are successfully put into operation, it will significantly increase demand for acetone and have a significant impact on their market.
The supply side has tightened, and the demand side has also improved. It is expected to remain strong in the short term.
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