After the National Day holiday by the impact of the holiday crude oil surge, acetone prices market mentality positive, open continuous pull up mode. According to Business News Service monitoring shows that on October 7 (i.e. before the holiday prices) the domestic acetone market average offer 5750 yuan / ton, October 10 daily offer 6325 yuan / ton, a 10% jump. Among them, East China market offers at about 6100-6150 yuan / ton, South China offers to 6200 yuan / ton, North China and Shandong surrounding areas offers to 6400-6450 yuan / ton.

Crude oil futures rose sharply during the holidays, acetone as an important product of petrochemicals, crude oil rose sharply from the macro side of its impact. Crude oil futures opened after the holiday U.S. WTI main contract settlement price of $ 92.64 / barrel, the National Day during the cumulative increase of 16.5%. The main contract of Brent crude oil futures settled at $97.92/barrel, up 15% during the National Day. The main reason is that the Organization of the Petroleum Exporting Countries and its allies (OPEC+) significantly reduce production, as well as the escalation of geopolitical conflicts and other tightening of oil supply is expected to heat up. 6400 yuan / ton, factory prices again up, phenol ketone business profits higher.

Recent acetone market circulation sources are still tight. During the National Day, the arrival of imported supplies was delayed, the port inventory fell to 20,000 tons, the market circulation of supplies once again into a tight situation, and the supply is concentrated in the hands of a few traders, the positive attitude of stockholders, coupled with the continuous upward movement of acetone prices before the holiday, part of the downstream due to the impact of the cost side more just need to stock, after the holiday had to purchase again, acetone prices heated up again.

After the festival, upstream pure benzene billing upward to support strong acetone. The first day after the holiday crude oil upward impact of pure benzene billing, 10 East China mainstream transaction prices in 8250-8280 yuan / ton, Shandong in 8300-8350 yuan / ton, continuous upward after a number of traders profit taking, acetone prices slowed down. Currently Shandong is still firm, the ground refinery inventory is limited, downstream procurement is still better.

Downstream bisphenol A market overall narrow fluctuations, although the negotiations have declined, but the overall still maintain a high level of operation, the market negotiations in 15400-15600 yuan / ton. Before the holiday continuous high downstream cost pressure, demand shrinkage, bisphenol A downstream epoxy resin and PC as a whole has also declined on its bearish increase, the first auction after the holiday fell significantly, the current buyers and sellers mentality is more torn, bisphenol A short-term narrow adjustment is dominant.

With the port replenishment one after another, and the terminal just need to replenish a period of time to slow down the purchase of high-priced raw materials, from the market in the afternoon of the 10th, East China acetone price negotiations have loosened, traders increased intention to ship, but other areas are still nervous, the market turnover is not enough, the transaction is general. Domestic acetone prices are expected to fluctuate narrowly, focusing on the actual order situation in the field.