In June, the domestic acetone market fell after a narrow and small increase. on June 29, the average market price of acetone in Shandong was RMB5,500/ton, and on June 1, the average market price of acetone in the region was RMB6,325/ton, down 13.0% during the month.
In the first half of the month, the domestic acetone market was driven by the rising cost side of crude oil support and some downstream replenishment of the good drive to stabilize the small and medium-sized rise, coupled with the domestic acetone plant successive increases, the release of some domestic phenol ketone plant parking maintenance news, are to bring some positive market, the stockholders low price to sell, the market negotiation center of gravity shock up.
The second half of the month with the downward trend of crude oil, upstream raw materials pure benzene weak downward, the cost of phenol ketone plant slightly alleviated, but the acetone market is abundant supply, coupled with the downstream part of the MMA plant planned and unplanned parking, part of the isopropyl alcohol plant parking maintenance has not restarted, acetone demand shrinkage, supply and demand imbalance led to acetone prices broke down.
Post-market forecast.
The domestic acetone market in July is expected to oscillate or run, pay attention to the demand side of the matching situation, especially the dynamics of new devices put into operation and restart of some of the parked devices.
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Post time: Jul-01-2022